Mylovanov explained his refuse from agrarian minister position in the new Cabinet

Former Minister for Development of Economy, Trade and Agriculture of Ukraine Tymofiy Mylovanov announced that he gave up the position of Minister of Agriculture in the Government of the new Prime Minister of Ukraine Denys Shmyhal in order to let his team realize its vision of the country's economic development.

"I gave up the position of agrarian minister in the new government. I'll tell you the reasons as an economist. My team and I came with a well-established, firm vision of what the Ministry of Economy should do, what changes should take place in the markets, and how to achieve the planned results," wrote Tymofiy Mylovanov on Facebook.

He claims that his team succeeded in "restarting the state" for the first time in many years.

"We started the changes Ukraine needed so long ago: the land market, changes in labour legislation, privatization (real, not just on paper), replacement of corrupt managers of state enterprises, creation of an ecosystem to attract investments," he added.

He stressed that he believes in market economy and development of institutions, equal rules and competition, minimal state interference in the economy.

"Therefore, now that the overall vision of approaches is changing, I am ready to step aside and give the opportunity to the newly formed team to realize its vision (which may well be more successful)," said Tymofiy Mylovanov.

He hopes that important reforms in the new Cabinet of Ministers will not be stopped and stresses that he did his best to open 3 markets, which will give Ukraine the opportunity to evolve.

Previously reported that at a meeting with the Sluga Narodu fraction, President of Ukraine Volodymyr Zelenskiy suggested re-establishing the Ministry of Agrarian Policy and Food of Ukraine and appointing Tymofiy Mylovanov as an agrarian minister.