UN General Assembly
1991

The law concerning economic independence, the concept of transition to a market economy, and the laws on free enterprise, foreign economic activities, protection of foreign investment and other fundamental statutory acts have established a solid legal framework for a sweeping restructuring of the Ukrainian economy and its incorporation into the international division of labour. Our new legislation in Ukraine guarantees equal legal protection to all forms of ownership and provides for an independent economic policy. This will mean, in particular, that Ukraine will introduce its own currency, develop its own budget, tax and banking systems, set up a labour, investment and securities market, put foreign economic relations and scientific and technological cooperation on a legal footing, and expand bilateral and multilateral ties.