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1. NEW U.S. AMBASSADOR TEFFT ARRIVES IN UKRAINE
Ukrainian News Agency, Kyiv, Ukraine, Wed, December 2, 2009

2. USUBC HOLDS LUNCHEON WITH U.S. AMB JOHN TEFFT IN WASHINGTON
U.S.-Ukraine Business Council (USUBC), Wash, D.C., Tues, Dec 1, 2009

3. NEW STAGE OF DEVELOPMENT OF UKRAINIAN-U.S. RELATIONS
BEGINS WITH ARRIVAL OF US AMBASSADOR JOHN TEFFT

Interfax Ukraine News, Kyiv, Ukraine, Wed, Dec 2, 2009

4. REGIONS PARTY SAYS US AMBASSADOR'S ARRIVAL IN UKRAINE
WILL BE STABILIZING FACTOR DURING PRESIDENTIAL CAMPAIGN
Interfax Ukraine News, Kyiv, Ukraine, Wed, Dec 2, 2009

5. USUBC LUNCHEON WITH FOREIGN MINISTER OF UKRAINE,
PETRO POROSHENKO, DECEMBER 10, IN WASHINGTON
U.S.-Ukraine Business Council (USUBC), Wash, D.C. Thu, Dec, 3, 2009

6. USUBC HELD WORKING SESSION WITH THE ECONOMIC
TEAM OF U.S. EMBASSY IN KYIV
U.S.-Ukraine Business Council (USUBC), Kyiv, Ukraine, Thu, Nov 3, 2009

7. USUBC ANNUAL MEETING NOTIFICATION & DATE-Dec 17, 2009
U.S.-Ukraine Business Council (USUBC), Wash, D.C., Thu, Dec 3, 2009

8. MYROSLAVA GONGADZE RANKED IN TOP 100 MOST
INFLUENTIAL WOMEN IN UKRAINE
By John Smith, Media News International MNI, Tue, Oct 27, 2009

9. UKRAINE: A DEMOCRACY AT RISK
Those longing for strong-armed rule may outnumber those who want to preserve their imperfect democracy.
Commentary by Myroslava Gongadze, Journalist, Civil Rights Activist
The Wall Street Journal Europe, Monday, November 23, 2009

10. THE WEST SHOULD NOT LOSE PATIENCE WITH UKRAINE
Commentary: By Oleh Rybachuk and Taras Chornovil
Financial Times, London, UK, Monday, November 23 2009
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1. NEW U.S. AMBASSADOR TEFFT ARRIVES IN UKRAINE

Ukrainian News Agency, Kyiv, Ukraine, Wed, December 2, 2009

KYIV - Ambassador of the United States to Ukraine John Tefft has arrived in Kyiv. Ukrainian News learned this from a statement by the press service of the Ukrainian Ministry of Foreign Affairs.

On arrival in Ukraine US Ambassador John Tefft was received by Ukrainian Foreign Minister Petro Poroshenko on the occasion of presentation of copies of credentials.

The Ukrainian foreign affairs minister congratulated Tefft on the appointment to the post. Foreign Minister Poroshenko assured the ambassador of the preparedness of the Ukrainian side to facilitate his work.

Ambassador Tefft said in his turn, according to the statement, that he would make efforts for further development of the strategic partnership between Ukraine and the United States. The Ambassador affirmed further support of his country to the democratic and economic changes in Ukraine.

According to the statement, the foreign affairs minister and the ambassador also discussed preparations for Poroshenko's visit to the United States scheduled for December and the holding within the visit of the inauguration meeting of the bilateral commission for strategic partnership.

Minister Poroshenko briefed Ambassador Tefft on the development of the political life in Ukraine and about the foreign political priorities of Ukraine. Poroshenko and Tefft further discussed the policies of the United States in Afghanistan.

According to the statement, Poroshenko said the stabilization of the situation in Afghanistan, the consolidation and economic restoration of that country must be a task for the entire international community, including Ukraine.

As Ukrainian News earlier reported, on September 30, United States President Barack Obama sent documents on appointment of Tefft to the post to the US Senate. William Taylor completed his mission as United States ambassador to Ukraine on May 23.

Verkhovna Rada deputy Leonid Kozhara from the faction of the Party of Regions, who is the deputy chairman of the parliamentary committee for foreign affairs, said the arrival of Ambassador John Tefft in Ukraine indicates the interest of the United States in Ukraine.
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2. USUBC HOLDS LUNCHEON WITH U.S. AMBASSADOR
JOHN TEFFT IN WASHINGTON

U.S.-Ukraine Business Council (USUBC), Wash, D.C., Tues, Dec 1, 2009

WASHINGTON, D.C. - Over fifty members of the U.S.-Ukraine Business Council (USUBC) and a few special guests attended a working luncheon with the new U.S. Ambassador to Ukraine, John Tefft in Washington, D.C. on Monday, November 30, 2009.

The Ambassador made opening remarks and then members of USUBC discussed with the Ambassador a variety of business and economic issues such as the business opportunities for U.S. business in Ukraine, IMF program, the serious VAT refund delays, intellectual property rights issue, export finance programs, opening the Overseas Private Investment Corporation (OPIC) for Ukraine, nuclear fuel sales to Ukraine, the need for private ownership of agricultural land, and other matters.

Van Yeutter, Vice President, Corporate Affairs, for Cargill, moderated the luncheon. Cargill is an original member of USUBC joining in 1995. The luncheon was supported by USUBC members Case New Holland, Cargill, Microsoft, and Zurich Surety, Credit and Political Risk. Ambassador Tefft will be arriving in Kyiv, Ukraine this week to assume his new duties.

Raytheon, Louis Dreyfus Commodities, PetRus USA, and Eli Lilly & Company were introduced as new members of USUBC. Three former U.S. Ambassadors to Ukraine attended the luncheon: William Miller, John Herbst and William Taylor. Keith Smith, former U.S. Ambassador to Lithuania, a long-time friend of Ambassador Tefft, also attended.

Companies/organizations attending the USUBC luncheon with U.S. Ambassador John Tefft included: Zurich Surety, Credit & Political Risk; Eurasia Foundation; Marks, Sokolov & Burd; Vanco Energy Corporation; The Heritage Foundation; American Councils for International Education; First International Resources; National Endowment for Democracy; U.S. Civilian Research & Development Foundation; Microsoft; U.S. State Department; Bunge; Foundation for International Arts & Education; and Heller & Rosenblatt.

Additional attendees included representatives from: The Brookings Institution; PetRus USA; DHL Express; General Dynamics; Westinghouse Electric Corporation; U.S. Department of Commerce; Louis Dreyfus Commodities; the Woodrow Wilson Center; Case New Holland; RULG-Ukrainian Legal Group; The Boeing Company; Chevron; Center for International and Strategic Studies; Eli Lilly & Company; Sweet Analysis Services (SASI); UPS; ADM; Holtec International; Raytheon, Cargill and the U.S. Institute for Peace.
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3. NEW STAGE OF DEVELOPMENT OF UKRAINIAN-U.S. RELATIONS BEGINS WITH ARRIVAL OF US AMBASSADOR JOHN TEFFT

Interfax Ukraine News, Kyiv, Ukraine, Wed, Dec 2, 2009

KYIV - The Head of the Parliamentary Committee on Foreign Affairs Oleh Bilorus has said that the arrival of new U.S. Ambassador to Ukraine John Tefft in Kyiv opens a new stage of development in Ukrainian-U.S. relations regarding new projects and programs.

Speaking to journalists in the Verkhovna Rada on Wednesday, Bilorus also said he was sure that the new U.S. ambassador in Kyiv would contribute to the work on Ukraine's joining the European Union and NATO.

Asked whether Tefft's arrival was connected to the forthcoming presidential elections in Ukraine the head of the parliamentary committee said that the ambassador's arrival was only an indication of the importance the United States attaches to Ukraine.

"When a person with experience, with convictions is chosen, people believe that he will make a significant contribution, [even] over the rather short period of four years," Bilorus said. "Ukraine's government and parliament are ready for cooperation [with the United States]," he said.

The U.S. Senate appointed Tefft as U.S. ambassador to Ukraine on November 20, 2009. Tefft has been a career Foreign Service officer for 37 years, the White House reported. He most recently served as U.S. Ambassador to Georgia from 2005-2009. Prior to that assignment, Tefft served as Deputy Assistant Secretary of State for European and Eurasian Affairs and was responsible for U.S. relations with Russia, Ukraine, Belarus and Moldova.

From 2003-2005 Tefft was the International Affairs Advisor at the National War College in Washington, DC. He served as the U.S. Ambassador to Lithuania from 2000 to 2003. He was Deputy Chief of Mission at the U.S. Embassy in Moscow from 1996 to 1999, and served as Charge d'Affaires from November 1996 to September 1997. His other Foreign Service assignments include: Jerusalem, Budapest and Rome.

William Taylor was the former U.S. ambassador to Ukraine. His diplomatic career ended in May 2009. Ukrainian President Viktor Yuschenko decorated him with the order of merit of the third degree.
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4. REGIONS PARTY SAYS US AMBASSADOR'S ARRIVAL IN UKRAINE
WILL BE STABILIZING FACTOR DURING PRESIDENTIAL CAMPAIGN

Interfax Ukraine News, Kyiv, Ukraine, Wed, Dec 2, 2009

KYIV - The foreign minister of the shadow government, Regions Party MP Leonid Kozhara, has said that the arrival of new U.S. Ambassador to Ukraine John Tefft in Ukraine will be a stabilizing factor during the presidential election campaign.

"I think that this is also important for all of the main players and candidates for Ukrainian president. I'm confident that the U.S. ambassador will speak with everybody, and this is to some extent will be a stabilizing factor in Ukraine," he said in parliament on Wednesday.

Kozhara said that the ambassador of such a big country as the United States would bring an element of stabilization and keep candidates for Ukrainian president from taking "radical actions."
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Promoting U.S.-Ukraine business relations & investment since 1995.
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5. USUBC LUNCHEON WITH FOREIGN MINISTER OF UKRAINE,
PETRO POROSHENKO, DECEMBER 10, IN WASHINGTON

U.S.-Ukraine Business Council (USUBC), Washington, D.C. Thu, Dec, 3, 2009

WASHINGTON, D.C. - The U.S.-Ukraine Business Council (USUBC), will sponsor a working luncheon with the new Foreign Minister of Ukraine, Petro Poroshenko, on Thursday, December 10, 2009, from 12 noon to 2:00 p.m. in Washington, D.C. for the over 100 members of USUBC.

The foreign minister will be in Washington for a meeting with U.S. Secretary of State Hillary Clinton and other meetings. The Verkhovna Rada (parliament) has appointed Petro Poroshenko as the Foreign Affairs Minister on October 9th.

Petro Poroshenko was elected Head of the Council of the National Bank of Ukraine in February 2007 and was People’s Deputy of Ukraine (V convocation), Chairman, Finance and Banking Committee of the Verkhovna Rada of Ukraine in 2006.

In 2005 he served as Secretary, National Security and Defense Council of Ukraine. During 2002 to 2005 he was People’s Deputy of Ukraine (IV convocation), Chairman, Budget Committee of the Verkhovna Rada of Ukraine and from 2000 to 2004 was Deputy Head, Council of the National Bank of Ukraine.
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6. USUBC HELD WORKING SESSION WITH THE ECONOMIC
TEAM OF U.S. EMBASSY IN KYIV

U.S.-Ukraine Business Council (USUBC), Kyiv, Ukraine, Thu, Nov 3, 2009

KYIV - The U.S. Ukraine Business Council (USUBC) sponsored an informal, off-the-record, Roundtable Meeting with the Economic Section Team of the U.S. Embassy in Kyiv concerning key business and economic issues in Ukraine on Wednesday, December 2nd. Over 50 representatives of USUBC members and guests attended.

Members of the U.S. Embassy economic team present at the meeting included Edward Kaska, Counselor for Economic Affairs; Kaye A. Lee, Deputy Counselor for Economic Affairs, and Eric Salzman, Economic Officer.

A presentation on the macro-economic scene in Ukraine from the point of view of international investors was made by Natalie A. Jaresko, Co-Managing Partner, Horizon Capital and President and CEO of WNISEF. Horizon Capital (www.horizoncapital.com.ua) manages three funds, Emerging Europe Growth Fund II; Emerging Europe Growth Fund; and Western NIS Enterprise Fund with over $600 million under management.

Dr. Edilberto Segura, Partner, Chief Economist and President of the Investment Committee of SigmaBleyzer and Chairman of the Board of The Bleyzer Foundation made a presentation on the economic condition of Ukraine in December 2009 with some possible projections for 2010. SigmaBleyzer (www.sigmableyzer.com) manages several emerging market private equity funds and has around one billion under management. PDF copies of Dr. Segura's presentation are available by writing to usubc@usubc.com.

Morgan Williams, Director, Government Affairs, Washington Office, SigmaBleyzer, who serves as USUBC President/CEO, moderated the Roundtable session. The meeting was held in the conference room at the offices of SigmaBleyzer in Kyiv.

Companies/organizations attending the Roundtable meeting in Kyiv included AeroSvit; AES; ADM; Alfa Bank; Anemone Green Capital; Baker Tilly Ukraine; Bunge; Cargill; Case New Holland; DHL; East Europe Foundation; Eli Lilly; Halliburton; Horizon Capital; John Deere; Louis Dreyfus Commodities; Mary Kay; Microsoft; PetRus Holding; RULG-Ukrainian Legal Group; Raytheon; Salans; Shell; SigmaBleyzer; Squire, Sanders Dempsey; The Bleyzer Foundation; TNK-BP; Vanco Prykerchenska; Vasil Kisil & Partners; and www.UkraineBusiness.com.
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7. USUBC ANNUAL MEETING NOTIFICATION & DATE-Dec 17, 2009

U.S.-Ukraine Business Council (USUBC), Wash, D.C., Thu, Dec 3, 2009

WASHINGTON, D.C. - The annual meeting of the U.S.-Ukraine Business Council will take place on Thursday, December 17, 2009, in downtown Washington, D.C. The USUBC annual meeting will be from 10:00 a.m. to 12:00 noon followed by a working luncheon featuring key presentations on economics and business matters in Ukraine. Additional information about the USUBC annual meeting will be available soon. SAVE THE DATE.
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8. MYROSLAVA GONGADZE RANKED IN TOP 100 MOST
INFLUENTIAL WOMEN IN UKRAINE

By John Smith, Media News International MNI, Tue, Oct 27, 2009

WASHINGTON. D.C. - Myroslava Gongadze, the host of Voice of America’s (VOA) Ukrainian daily Chas-Time TV program, has been named one of the “100 most influential women of Ukraine” in an annual list compiled by the Ukrainian news magazine Focus.

“At VOA I have the unique opportunity to be part of the 45 different languages services worldwide helping people better understand the world they live in,” Gongadze said. “I see my influence and my responsibility as a journalist, to help Ukrainians in that mission. The goal is: understanding people, events and policies that shape their world as well as inspiring others to embrace new ideas and experiences.”

The list, which ranked Prime Minister Yulia Tymoshenko as the most influential woman in Ukraine, includes prominent Ukrainian women in politics, business, media and other fields. Gongadze is identified as a VOA journalist and television program host on the Focus web site, and is pictured on the set of VOA’s Studio 51 .

“We are thrilled and proud to see Myroslava’s successful anchoring of the Chas-Time program, including countless interviews with newsmakers and experts, recognized by Focus,” said VOA Ukrainian Service Chief Adrian Karmazyn.

VOA Ukrainian’s daily TV programming reaches an estimated weekly audience of 4.8 million adults in Ukraine. Programs are also available on VOA’s Ukrainian web site .

LINK: http://www.mnilive.com/2009/10/myroslava-gongadze-ranked-in-top-100-most-influential-women-in-ukraine/

NOTE: The U.S.-Ukraine Business Council (USUBC) congratulates Myroslava Gongadze on being named one of the top 100 influential women of Ukraine. She does a super job at the Voice of America and carries many stories about U.S. business investments in Ukraine and economic news.
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9. UKRAINE: A DEMOCRACY AT RISK
Those longing for strong-armed rule may outnumber those who want to preserve their imperfect democracy.

Commentary by Myroslava Gongadze, Journalist, Civil Rights Activist
The Wall Street Journal Europe, Monday, November 23, 2009

Five years ago this month, an orange sea of Ukrainians flooded the streets of Kiev. Protesting the attempt of then-President Leonid Kuchmas' administrative machine to falsify election results, they demanded the right to choose their country's leader. They demonstrated to the world their desire for freedom, justice, and democracy. They brought new leadership to power but it failed to deliver most of the promises given to the people on the frozen Maidan.

Disillusioned and discouraged, Ukrainians are coming to the polls once again this January. And now, those longing for strong-armed rule may well outnumber those who want to preserve their imperfect democracy. It's time for the West to take note.

Over the past five years, the people's desire to see political leaders held accountable for their wrongdoings remains unfulfilled. The promise of justice, which became the mantra of the Orange Revolution, was betrayed in its aftermath. Most of the crimes of Mr. Kuchma's regime remain unpunished, while many of their alleged instigators still enjoy privileged status and material comfort. Some even received awards or promotions from the new authorities.

Moreover, Ukraine's current rulers retain immunity from prosecution and engage in corrupt activities with the same sense of impunity as their predecessors. According to a 2009 Transparency International report, Ukraine's corruption level remains on par with Russia, Sierra Leone and Zimbabwe, showing no improvement since 2004.

Unrealized reforms and widespread corruption have had a major corrosive effect on the Ukrainian public. According to the last poll by the Pew Research Center, over two-thirds of Ukrainians believe that only a leader with a strong hand can solve the country's problems. By contrast, only one in five Ukrainians thinks that democracy is an answer.

Even though disappointment with democracy and capitalism shows in most of the countries of the former Soviet bloc, Ukraine still stands out. Only a third of Ukrainians approve of the country moving from a state-controlled to a market economy, and a change to multiparty democracy.

From a once promising democratic leader in the region, Ukraine has transformed into an example of disenchantment for the democratic and civil society activists in neighboring countries. Belarusian activists and Russian opposition can no longer show their followers that effective public protest can bring genuine changes to the country.

Responding to public demand and pursuing their own agenda, the front runners in the 2010 Ukrainian election are promising to restore Putin-style vertical power with centralized political control. Moreover, they lack transparency in decision making and possess a weak commitment to fighting corruption especially in their close circles. They hide their true personal wealth and publicize dubious income declarations that have become the target of many investigative reports.

Day-by-day it is becoming harder for Ukrainian journalists to do their job. Even before the election campaign started, a Ukrainian court barred criticism of one presidential candidate, current Prime Minister Yulia Tymoshenko The ruling was later revoked after a major outcry from civil society groups.

Still, TV reports are not covering the sharpest criticism of the front runners. The main achievement of the Orange Revolution, freedom of the press, is now in danger. Having once managed to reclaim their rights and freedoms in front of the world, Ukrainians risk losing it all over again.

The EU and other democratic nations need urgently to develop a clear constructive and principled policy with regard to Ukraine. Their calls for free and fair elections today will not have much of an effect on the Ukrainian authorities without a real commitment to hold them to their word.

Whoever will become the next president of Ukraine needs to be watched closely, and they should get that message now. Another honeymoon with a Ukrainian leader, if similar to the one with Mr. Kuchma in 2000 and with Victor Yushchenko in 2005, could lead to the complete collapse of Ukraine's fledgling democracy.

If the next leaders of Ukraine prove unwilling or unable to bring about change for the country, and instead continue down the path toward their authoritarian past, the only solution for the west will be to focus on the growing civil society and support new emerging leaders.

This, at least, will guarantee that the few gains of the Orange Revolution will not be reversed. And even if Ukrainians lose their way today, the basic democratic reforms they have earned will ensure that their destiny will still remain in their own hands.

NOTE: Ms. Gongadze is a Ukrainian journalist and human rights activist, and the widow of slain Ukrainian journalist Georgy Gongadze.

LINK: http://online.wsj.com/article/SB10001424052748 704888404574547373765885440.html
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10. THE WEST SHOULD NOT LOSE PATIENCE WITH UKRAINE

Commentary: By Oleh Rybachuk and Taras Chornovil
Financial Times, London, UK, Monday, November 23 2009

Konrad Adenauer, the former German chancellor, said: “History is the sum total of things that could have been avoided.” It is an appropriate epigraph to what Ukraine has lived through since the Orange Revolution five years ago last weekend.

There are different views on what happened, but it is clear there are no winners and losers. Ukraine has been united by common disillusionment. The bitter taste of frustration gave people some hope. Perhaps politicians are still not fully aware, but Ukrainians have become wiser and more mature. Upcoming presidential elections will no longer split the country: people understand they are regular occurrences and not an irreversible choice.

No longer do people perceive political leaders as either godlike messiahs or synonyms for national disaster. Lower expectations and fears will enable us to vote using not only our emotions but our wisdom as well. Whoever becomes president will not be an icon, and people will try to use the institutions of civil society to force them to keep their pre-election promises. We are gradually returning to fundamental European principles for how politicians are elected and interact with the electorate.

In the same way, presidential candidates know the emotional background of the previous election is unlikely to be repeated. Although they played the traditional blame games afterwards, they have also made more of an effort to persuade us which of them would be the best manager of the country. They may slip into populism, but their discussions of who is better at taking care of social standards or at fighting the financial crises will not split the country.

Some will still hunger for absolute power, but we have learnt how to combat that. There was no festive mood on the day of the anniversary last weekend, but the Orange Revolution has set the foundations of the country Ukraine must become.

First there was the emergence of real political competition. No one has a monopoly on politics, business or mass media any more,and those in power cannot abuse the resources at hand. In the parliamentary campaigns of 2006 and 2007, the opposition gained the upper hand. The country is now in the middle of a presidential campaign and again the opposition looks set to win.

The most frequently mentioned result of what took place five years ago in Independence Square is the arrival of freedom of speech. It is now taken for granted by Ukrainians but it must be continuously guarded by civil society as something very precious and fragile.

Another achievement, which has been overshadowed by the global economic crises, was the long-awaited accession to the World Trade Organisation as well as noticeable progress in the European integration process. The latter gives Ukrainian businesses a chance to access the largest market in the world.

To understand Ukraine one has to understand its history. There was no well-established democratic tradition and no time-tested checks and balances of government or political culture. There remains rocketing corruption, and the irresponsible ruling elite are not concentrating on the vital issues facing Ukraine, even as the world has fallen into one of its most severe financial crises.

Increasingly, we hear from Europe and the US that they are “fed up with Ukraine”. But while one can be frustrated with individual Ukrainian politicians whom were often indulged by Europe and the US, one should not be disappointed with the country as a whole.

Today Ukraine is more mature than it was five years ago. And any partial rejection of Ukraine by the democratic world, which is occasionally inspired by our partners in Russia, may become an unfair and very dangerous blow in this complicated period.

Today it is important to give Ukraine clear conditions for EU membership, using small, specific steps such as action plans and supervision. Deepening integration will follow. One priority must be to build a transparent energy security system which involves Ukraine, Russia and Europe.

Ukraine is on the eve of its presidential elections. There is a strong feeling that it does not matter who wins, but how the position will be influenced, monitored and controlled by the Ukrainian people. The country needs a more responsible citizenry to make the political elite more responsible.

NOTE: Oleh Rybachuk was the chief of staff to President Victor Yushchenko in 2005. Taras Chornovil was the chief of Victor Yanukovych’s presidential campaign in 2004

LINK: http://www.ft.com/cms/s/0/f887332a-d837-11de-8b04-00144feabdc0.html
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Promoting U.S.-Ukraine business relations & investment since 1995.
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