To prepare for a global recession, Ukraine needs to negotiate now a long term agreement with the IMF

To prepare for a global recession, Ukraine needs to negotiate now a long term agreement with the IMF and to maximize trade with its main trading partners, preferably the EU, Timofei Milovanov, the new Minister of Economic Development, Trade and Agriculture, said in a TV interview. “We really need an anchor, like the IMF, because many investors are guided by it,” he said Monday night, responding to a question about the US-China trade war. “We need serious investors who will work with us and give us long lines of credit…they will allow us to have access to capital during the crisis itself.”