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Ukraine's Poroshenko: We've Listened to Foreign Partners on Corruption Law


FILE - Ukrainian President Petro Poroshenko speaks during a meeting of the country's Security and Defence Council in Kyiv, May 2, 2018. (Ukrainian Presidential Press Service)
FILE - Ukrainian President Petro Poroshenko speaks during a meeting of the country's Security and Defence Council in Kyiv, May 2, 2018. (Ukrainian Presidential Press Service)

President Petro Poroshenko said on Tuesday that Ukraine had taken into account most international recommendations in the latest draft law to create an anti-corruption court, which may be voted on by parliament this week.

A long-delayed tranche of loans from the International Monetary Fund's $17.5 billion aid-for-reforms program hinges on parliament approving the bill, but it has not been clear if the latest version of the law guarantees the court's independence in line with external guidance.

"Yesterday I was happy that the absolute majority of the recommendations of foreign partners including the Venice Commission were taken into account by the decision of the parliamentary committee," Poroshenko told journalists, referring to a leading legal rights watchdog.

In recent days, the Ukrainian authorities have been consulting with the IMF and the Venice Commission on the law before a possible final vote in parliament this week, parliamentary Speaker Andriy Parubiy told local media on Monday.

Neither the Fund nor the commission have yet said what they think of the latest version of the law, which Ukraine's backers see as a keystone of the country's promised attempt to overhaul the graft-ridden justice system.

Delayed implementation of reforms and backtracking on changes to the energy sector have held up the disbursement of international funding that Ukraine needs to help finance peak
payments on its foreign currency-denominated debt in 2018-2020.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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