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Ukraine: Prime Minister Leaves For Canada To Discuss Joint Projects

Kyiv, 12 June 1997 (RFE/RL) - Ukrainian Prime Minister Pavlo Lazarenko left today for Canada with a delegation of about 100 businessmen to seek deals in the energy, agriculture and construction industries.

Roman Waschuk, a counsellor at the Canadian Embassy in Kyiv, said that Lazarenko's government had already made considerable progress in clearing the way for the Canadian projects.

Waschuk said Lazarenko's trip is expected to result in the largest Ukrainian-Canadian joint venture to date, a 110-million-dollar project to modernise an electric power station.

Ukraine has been slower than many of its neighbours in pushing through market reforms. The slow pace of reforms and deregulatory measures have kept direct foreign investments at about 1,500 million dollars since Ukraine gained independence in 1991.