Soros forms advisory group to support reforms in Ukraine


George Soros, founder of the Open Society Foundation and the International Renaissance Foundation, is assembling a strategic advisory group to assist Ukraine’s government in carrying out reforms, the Renaissance website reports, June 17.

Soros announced his initiative during a meeting in Kyiv, on June 16,  with President Petro Poroshenko. Also present at the meeting were the Chairman of the International Renaissance Fund Oleksandr Sushko and the Executive Director Yevhen Bystrytskyy.

“We have established a strategic advisory group for the prompt response to the challenges that arise,” Soros told President Poroshenko, as reported by the President’s press service

Porosheko stressed the need to coordinate the efforts for reform and expressed strong support for the initiative proposed by George Soros to establish free political risk insurance for those who invest in Ukraine’s economy or cooperate with Ukraine. He also said he was ready to jointly establish an effective mechanism for implementing reforms in the country.

According to the President’s press service, Poroshenko expressed his gratitude to George Soros and the leadership of the International Renaissance Fund for their long-term and steady support of reforms in Ukraine and their assistance in the development of civil society.

Translation: Anna Mostovych



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