Following the recent Russo-Ukrainian turmoil, Ukraine has moved to enact a strategic initiative designed to boost the economy.

The Ukrainian Embassy to the United States will unveil an outsourcing initiative entitled: “Increase Profits. Support Democracy. Cloudsource to Ukraine.”, which will seek to encourage investment in the countries outsourcing services market.

The initiative is designed to link Ukrainian outsourcing service businesses with U.S. companies and agencies.

"I am quite sure that the IT industry in the Ukraine provides excellent opportunities to do a good business," said Pavlo Sheremeta, the Minister of Economic Development of the Ukraine. "This is one of the booming sectors in Ukraine due to strong education and the long standing culture of innovation and inventions that we have in the Ukraine."

The programme is set to be officially announced in Washington on April 29th.

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