"We are working hard to create a transparent and fair business environment"

A clear pledge to build a transparent and fair business environment signals a commitment to rule of law, market trust, and the leveling of the playing field. It acknowledges that sustainable growth depends not only on capital and labor, but on institutions that reduce uncertainty, curb discretion, and reward merit over connections.

Transparency means clarity, predictability, and visibility. Businesses need regulations that are simple, published in advance, and applied consistently. It involves open procurement, accessible data on licenses and inspections, and digitalization that minimizes face‑to‑face interactions where rent‑seeking can occur. It also implies rigorous disclosure, of public budgets, conflicts of interest, and beneficial ownership, paired with credible enforcement and protections for whistleblowers who expose wrongdoing.

Fairness requires competitive neutrality: state‑owned, private, and foreign firms should face the same rules, taxes, and access to credit and land. It includes impartial dispute resolution, efficient courts and arbitration, and timely bankruptcy procedures that reallocate assets to productive uses. It also means eliminating hidden barriers, opaque licensing, informal fees, discriminatory standards, that tilt the field. Support for small and medium enterprises should expand opportunity without creating new patronage networks.

The economic payoff is lower risk premiums, deeper investment, and higher productivity. Predictable rules encourage long‑term planning, innovation, and integration into global value chains. Yet the obstacles are real: vested interests resist change, local implementation can lag behind national policy, and capacity gaps in regulatory and judicial bodies can erode consistency. “Working hard” implies a continuous process, consulting stakeholders, piloting reforms, measuring outcomes, and correcting course.

Alignment with international norms strengthens credibility: competition policy, anti‑corruption standards, environmental and labor safeguards, and data transparency demanded by modern trade agreements and ESG‑conscious capital. Progress is trackable through concrete indicators: time and cost to obtain permits, procurement openness, court timeliness, audit findings, and the share of services delivered digitally.

Ultimately, transparency and fairness convert trust into a national asset. The promise becomes reality when businesses and citizens can verify it in everyday transactions, not just hear it in speeches.