UAIB initiated creation of the Coordination Council of Ukrainian Non-Governmental Organizations. The Coalition now consists of 20 organizations playing the key role in the development of private and privatized enterprises:

• International Center of Prospective Researches;
• Ukrainian Stock Market Development Institute (Kyiv National University of Economics);
• Information and Analytical Center Research. Analys. Ratings. (R.A.R.);
• PFTS Association;
• Professional Association of Registers and Depositaries;
• Association of Ukrainian Banks;
• Association of Ukrainian Stock Market Participants;
• International Center of Political Research;
• Ukrainian Association of Investments Business;
• Association for Stockholders Rights Protection;
• Association of Business Journalists;
• Ukrainian Center for Independent Political Studies;
• Center for Distance Learning of Educational Network for Global Development;
• Professional Association of Registrars and Custodians;
• Institute for Strategic Problems of Economy;
• Association "Ukraine - Development Through Internet";
• International Center for Policy Studies;
• Association of Stock Market Lawyers;
• Association of Auditors and Bookkeepers;
• PARD Association.

Most of these organizations are quite active in lobbying for interests of their members. Consolidation of their efforts is essential for further development of the corporate governance in Ukraine as well as education of business community on corporate governance issues. This Council serves as an umbrella association for Ukrainian business NGOs playing key roles in the development of private and privatized enterprises.

Pursuant to Presidential Decree # 512/2001 "On Measures of Improvement of the Investment Climate in Ukraine," the Cabinet of Ministers of Ukraine approved in October 2001, the program for development of investment activity in Ukraine for 2002-2010. The Program included the following recommendations developed at UAIB roundtables:

• Necessity to observe equal treatment of all investors and provide comprehensive regulation of investment activities issues;
  
  
• Transparency of decision-making processes of the central and local administrations and public discussions of draft normative and legal acts regulating investment activities;
  
  
• Improvement of mechanisms for governance of corporate rights, including those of the state; Provision of growth of dividends (income) accrued on shares (units, stakes) and on the property of business associations owned by the state;
  
  
• Improvement of small shareholders rights protection.

Also, following Presidential Decree of March 12, 2002 "On Measures to Develop Corporate Governance and Joint Stock Companies in Ukraine," State Stock Market Securities Commission asked UAIB to participate in the Coordination Council for Corporate Governance under SSMSC.

UAIB plans to publish special issues of the Ukrainian Investment Paper (that was founded by UAIB) on corporate governance and investment business development. According to UIAB, this newspaper (with circulation of 15,000 copies and dissemination in all regions of Ukraine) serves as excellent public educational tool.