Steven PIFER: No One Is Satisfied With Economic Cooperation

The level of trade and economic relations between Ukraine and the United States of America does not meet the real potential of the two countries, Interfax-Ukraine quotes Steven Pifer, US Deputy Undersecretary of State and former ambassador to Ukraine, as saying. “This is a very acute problem, and I do not think anybody in Ukraine and the US can be satisfied with the level of economic relations between the two countries,” Mr. Pifer noted at a televised press conference devoted to US-Ukrainian relations and Ukraine’s integration into the Euro-Atlantic system. He maintained that the US annually invests a mere $700 million in the Ukrainian economy. At the same time, he pointed out, Ukraine should be more active in attracting foreign investment.