This in-depth progress report on market reforms and the changes to law and commercial practice being instituted by UkraineÆs new government, offers an insiderÆs guide to the current investment climate and the risks and opportunities for foreign investors in Ukraine. It gages the opinions of economic and political analysts, lawyers and the foreign investor community on UkraineÆs business and investment environment. The new governmentÆs policy objectives included combating corruption and business cronyism, creating a more attractive environment for foreign investment, and moving Ukraine closer to the EU and the WTO. This report reviews progress so far and prospects for the future.