- •Анотація
- •Передмова
- •Investments in ukraine
- •I. Reading
- •Read and translate the text:
- •Investments in ukraine
- •Vocabulary list
- •II. Vocabulary exercises
- •III. Oral practice
- •Dialogue
- •1. Read the dialogue and act it out:
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •А) Read the text and name the facts from the text which are new to you.
- •Read the text and say what you know about the foreign investment in Ukraine: іnvestments in ukraine
- •Unit 2 foreign investment
- •I. Reading
- •1. Read and translate the text: Foreign investment in Ukraine
- •Vocabulary list
- •II. Vocabulary exercises
- •III. Oral practice
- •Dialogue
- •1. Read the dialogue and act it out:
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •2. Make up a dialogue on the following:
- •Communicative situations
- •A) Supply the prepositions where necessary.
- •А) Read the text and name the facts from the text which are new to you.
- •Investment legislation
- •Read the text and say what you know about the foreign investment in Ukraine:
- •Investment Registration Procedure
- •Unit 3 licensing
- •I. Reading
- •1. Read and translate the text: Licensing Principles
- •Vocabulary list
- •II. Vocabulary exercises
- •III. Oral practice
- •Dialogue
- •1. Read the dialogue and act it out:
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •Make up a dialogue on the following:
- •1. Round-table discussion. The question on the agenda is “Licensing principles in Ukraine”. Open such questions:
- •2. Say what you think about supervision over the licenses process.
- •A) Supply the prepositions where necessary.
- •А) Read the text and name the facts from the text which are new to you.
- •Licensing of Intellectual Property Rights
- •Read the text and say what you know about licenses: Licenses and the Law
- •Unit 4 franchising
- •I. Reading
- •1. Read and translate the text: Franchising
- •Vocabulary list
- •II. Vocabulary exercises
- •III. Oral practice
- •Read the dialogue and act it out:
- •Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •3. Make up a dialogue on the following:
- •A) Supply the prepositions where necessary.
- •А) Read the text and name the facts from the text which are new to you.
- •International management
- •I. Reading
- •1. Read the text:
- •International management
- •Vocabulary list
- •II. Vocabulary exercises
- •1. Study the following definitions. Make sure you understand them and can reproduce from memory:
- •2. Mach the words with their definitions:
- •Complete the following sentences with the words from the box. There are three extra words that you do not need
- •4. Find English equivalents to the following Ukrainian phrases:
- •5. Find words in the text that are synonyms to the following:
- •7. Read the text carefully and decide whether these statements are true or false. Reason it out. Make use of the following phrases:
- •8. Explain the meaning of the following phrases:
- •9. Translate into English:
- •10. Write several paragraphs on the topics suggested using the vocabulary. Make use of the following expressions:
- •11. Answer the following questions:
- •III. Oral practice
- •1. Imagine you are socializing with a specialist in the field of the international management. Put the next questions. Listen to his answers and try to analyze your own options. Work in pairs.
- •2. Imagine you have come to a local company that is doing business on an international level. Interview them about the opportunities and problems. Work in pairs.
- •1. A) Read and translate the following text.
- •The emergence of the global economy
- •2. Write down a brief phrase or single word to mean the same as each of the following words.
- •3. Read the text carefully and decide whether these statements are true or false. Reason it out.
- •4. A) Read and translate the text.
- •Business ethics
- •5. A) Read the text and make a complex plan of it. Multinational corporations
- •Unit 6 risk management
- •1. Read the text: risk management
- •Vocabulary list
- •II. Vocabulary exercises
- •1. Mach the words with their definitions:
- •3. Fill in the blanks:
- •4. Complete the following sentences:
- •5. Find English equivalents to the following Ukrainian phrases:
- •6. Working with a partner, fill in the other forms of the words in the chart:
- •7. Find words in the text opposite in meaning to the following:
- •8. Translate into English:
- •10. Answer the following questions:
- •III. Oral practice
- •2. Prepare a short talk on the following:
- •1. A) Read the text carefully. Fill in the blanks with the prepositions where necessary.
- •Business risk
- •Vocabulary
- •3. Write several paragraphs on the topics suggested using the vocabulary. Make use of the following expressions:
- •1. A) Read the text carefully.
- •Credit risk
- •2. Read the text carefully once more and decide whether these statements are true or false. Reason it out. Make use of the following phrases:
- •1. Read the text. Say whether the statements following the text are the true (t) or false (f). Risk analysis
- •1. Read and translate the dialogue in pairs where the characters make comments about the particular situation. Note down the expressions in Italics. Be ready to use them in your own dialogues.
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •3.Working in a small group, discuss the following statements, paraphrase them and comment on them. What do they mean? How do you feel about them?
- •I. Reading
- •1. Practice the pronunciation of the following words:
- •2. Read and translate the text: leasing. Types of leases
- •Vocabularry list
- •1. Read the dialog and sum up the content: leasing in ukraine
- •Vocabulary list
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •3. Make up a dialog on the following:
- •Communicative situations
- •Prepare a short talk on the following:
- •IV. Read and discuss
- •1. A) Read and sum up the text in several sentences and present your summary in class.
- •Taxes, theirs , and leases
- •2. A) Read the text and discuss what you know about leases in the usa.
- •Leases in the usa
- •3. A) Read the text and discuss what you know about leases in Ukraine.
- •The Ukraine is about to adopt the Convention on International Financial Leasing
- •The need for leasing in the Ukraine
- •The purpose of the Convention on International Financial Leasing
- •The reasons for national and international leasing
- •4. A) In order to get prepared for participation in class discussion, write a summary of the text.
- •What types of commercial lease is being offered?
- •Unit 8 the insurance market
- •I. Reading
- •Read and translate the text:
- •Insurance and risks
- •Vocabulary list
- •II. Vocabulary exercises
- •The insurance market in ukraine
- •Vocabulary list
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •3. Make up a dialog on the following:
- •Communicative situations
- •The origins of insurance
- •A) Read and discuss the text.
- •Single out the main facts from the text end present them in short summary.
- •Say what is more important for the development and improvement of Ukraine’s insurance market. The development of ukraine’s insurance market
- •3. A) Write down three-five questions about the text.
- •Lloyd’s of london
- •4. А) Sum up the text in several sentences and present your summary in class.
- •Discuss the services provided by the liability insurance. Overview of the liability insurance policy
- •4. A) Read the text to find answers to the following questions:
- •Workers’ compensation insurance
- •Unit 9 taxation
- •What are taxes?
- •Іі. Vocabulary exercises
- •Column a
- •Tax system in Ukraine
- •A. Dialogue
- •1. Read and translate the dialogue in pairs: Taxation in Ukraine
- •Vocabulary:
- •2. Read the dialogue, translate the Ukrainian remarks into English and act it out:
- •B. Communicative situations
- •4. Make a short essay on the following:
- •A) Supply the articles where necessary.
- •A) Supply prepositions where necessary.
- •What Is an Excise Duty?
- •Open the brackets putting the verbs in the correct form: Tax Reform in Developing Countries
- •Read the text below carefully and underline the parts of it giving basic ideas about the desired features of a tax system. Tax System Design
- •I. Mark the correct answers on the following questions:
- •II.Fill the tables:
- •III. Match what statements are true and what are false. Results write to the table:
- •Phraseology of reports and speeches coherent and generalization phrases
- •Phrases that are used in admission expressions
- •Nouns: common and possessive case
- •Some common noncount nouns
- •Using nouns as modifiers
- •The indefenite aricle
- •The definite article
- •No article
- •Personal pronouns
- •Possessive pronouns
- •Reflexive pronouns
- •Indefinite pronouns
- •Quantitive pronouns
- •Demonstrative pronouns
- •Degrees of comparison of adectives and adverbs
- •Numerals
- •The functions of the verb «to be»
- •The functions of the verb «to have»
- •The functions of the verb «to do»
- •General questions
- •Tag questions
- •Question words when
- •More questions with how
- •Modal verbs can; could to be able to
- •May; might
- •Must; be to; have to; have got to
- •Should; ought to
- •Will; would
- •Indefinite pronoun «one»
- •The pronouns «both, either and neither»
- •Senquence of tenses
- •The infinitive
- •The prepositional infinitive complex
- •The objective infinitivecomplex
- •The subjective infinitive complex
- •The participle
- •Complexes with the participle the objective participle complex
- •The subjective participle complex
- •The gerund. Forms and functions
- •The gerundal complex
- •Conditional sentenses
- •Irregular verbs
- •Glossary
- •Reference list
А) Read the text and name the facts from the text which are new to you.
b) Put 7 – 10 questions to the text.
c) Describe a subject matter of foreign investments.
The government registration of foreign investments is executed by the Government of Autonomous Republic of Crimea, regional, municipal public administrations of Kiev and Sevastopol within three business days after their registration in order specified by Cabinet Council of Ukraine. Unregistered foreign investments don’t give the right to gain incentives and warranties prescribed by the Law.
The government registration procedure is prescribed by the Statute on Government Registration Procedure of foreign investments confirmed by the Regulation of Cabinet Council of Ukraine № 928 dated August 07, 1996. For the government registration of investments the foreign investor or authorized hereby in established order, the body (“the Applicant”) files the following documents to the government registration authorities:
- Informational notification on placement of foreign investment into 3 samples filled in according to the form and in order accordant to addendums №1 and №2 to the present statute marked by the State Tax Incorporate by locus of the investment performance on its factual placement;
- Documents confirming the form of foreign investment performance (constitutive documents, agreements (contracts) on production cooperation, joint production and other types of joint investment activity, concession agreements and so on);
- Documents confirming the cost of foreign investment (in accordance with demands specified by Article 2 of the Law of Ukraine “On Foreign Investing Treatment”); - Document certifying the placement of payment for the registration by the Applicant.
Words you may need:
addendum – додаток
accordance – згода, відповідність
сoncession – концесія, послаблення
constitutive documents – документи до заснування
incentive – спонукання
notification – повідомлення
specified – визначено
to gain incentives – набути стимулів
warranties – гарантії
samples – зразки
by locus – локусом
Read the text and say what you know about the foreign investment in Ukraine: іnvestments in ukraine
Foreign investments can be executed in the following forms: - Fractional participation in the enterprises that are founded jointly with the Ukrainian legal entities and individuals, or purchase of operating enterprise’s part; - Enterprises foundation that are fully owned by foreign investors, branches and other separate subdivisions of foreign legal entities or acquisition of operating enterprises; - Acquisition, that is not prohibited by the Laws of Ukraine, of movable and real estate, including houses, cars, possessions, premises, vehicles and other objects of property by means of direct property acquisition and property complex or in form of shares, bonds and other securities;
- Own acquisition or with help of the Ukrainian legal entities and individuals of the rights to exploit land or natural resources in the territory of Ukraine; -Acquisition of other property rights;
- In other forms, those are not prohibited by the Laws of Ukraine, including cases which are without foundation of the legal entity on the basis of the agreements with subjects of economical activity of Ukraine.
Foreign investments can be invested in any objects, investment in which is not prohibited by the Laws of Ukraine.
The guarantees for the foreign investors are established by the Law of Ukraine. Specifically foreign investments in Ukraine don’t come under nationalization. The government authorities don’t have a right to embargo foreign investments except cases of salvage operations performance in the event of acts of providence, accidents, outbreak and epizootics. In this case the foreign investor is offered adequate and efficient compensation. The foreign investors have the loss indemnity right, including loss of benefit and moral damage caused to them in view of actions, non-activity or not duly performance of obligations by the government authorities of Ukraine or chairpersons prescribed by the Law as to the foreign investor. In the event of discontinuation of investment activity the foreign investor is guaranteed to receive return of his investing in natural form or in currency of investing without customs duty payment and of income from these investments in form of money or goods. The government also guarantees unimpeded and immediate transfer abroad of income and other funds in foreign currency gained on lawful business due to the foreign investments performance. If going forward the guarantees of foreign investments protection specified by the Law here of are changed by the special legislation concerning foreign investments the guarantees of foreign investments protection, then the guarantees of foreign investments protection specified by the Law will be implemented upon demand by the foreign investor during ten years since the date when such Law comes into effect.
Words you may need:
еmbargo – ембарго
to exploit – розробляти
to implement – виконувати, здійснювати
legal entities – юридичні особи
salvage – рятування судна
to specify – визначати, вказувати
obligation – зобов’язання
outbreak – вибух
acquisition – прийом
unimpeded – без перешкоди
lawful – правовий
chairpersons – головуючі
securities – гарантії
I. Choose the correct answer:
1. Foreign investments are:
а) values which are invested in objects of investment activity according to the legislation of Ukraine with the view of income receiving or social effect achieving;
b) the right to gain incentives and warranties prescribed by the Law;
c) going forward the guarantees of foreign investments protection specified by the Law.
2. The guarantees for the foreign investors are:
а) fully owned by foreign investors;
b) established by the Law of Ukraine;
с) offered adequate and efficient compensation.
3. Foreign investments can be invested in:
а) any objects, investment in which is not prohibited by the Laws of Ukraine;
b) the case the foreign investor is offered adequate and efficient compensation;
с) in the territory of Ukraine.
4. The enterprise gains status:
а) of the enterprise with foreign investment from the day of the foreign investment placing to its balance;
b) without permanent residents in the territory of Ukraine;
с) without customs duty payment.
II. Match what statements are true and what are false:
1. Foreign investment regulations in the territory of Ukraine with consideration for its peculiarities is regulated by the Law of Ukraine.
2. Foreign investments are values which are not invested in objects of investment activity according to the legislation of Ukraine.
3. The enterprise gains status of the enterprise with foreign investment from the day of the foreign investment placing to its balance.
4. Unregistered foreign investments don’t give the right to gain incentives and warranties prescribed by the Law.
5. The government registration procedure is not prescribed by the Statute on Government Registration Procedure of foreign investments.
6. The government authorities don’t have a right to embargo foreign investments.
7. Foreign investments can be invested in any objects, investment in which is not prohibited by the Laws of Ukraine.
8. Specifically foreign investments in Ukraine don’t come under nationalization.