People's expectations will not be fulfilled?

Ukraine's Orange Revolution changed a lot more than just the country's political leadership.

"We have a new social morality, a new ethics, a new attitude toward the way business policy should be conducted," - Sergey Terehin, Ukraine's new minister of economics, said in an interview to the newspaper “Washington Times".

"When we came to office, we discovered that all public life in Ukraine had been corrupted. The very first thing we felt we had to do was change the country's mentality," Mr. Teryokhin told.

People's expectatiotions from "orange revolution" will not be fulfilled at once. The new government has a lot of problems to solve, he added.

"Ukrainians are a very patient people, but we are still dealing with a bureaucracy and a parliament that are very much a creation of the previous regime," he said. "The majority of our parliament did not support many of the reforms we want to see, and we very much hope President Yushchenko can have some successes to build on for the next elections in April 2006."

The Bush administration, which strongly supported the Orange Revolution, has moved to bolster economic ties to Ukraine and is backing its bid to join the World Trade Organization by the end of the year. The Commerce Department is close to a decision to declare Ukraine a full-fledged market economy, easing trade and investment restrictions.

Ukraine also hopes to apply for funding from the new Millennium Challenge Corp., set up by Mr. Bush to reward developing countries that institute pro-market, anti-corruption policies.

"It was one of our most sensitive issues, because Ukraine was always ranked with China and Russia as one of the world's worst centers for intellectual property theft," he said.

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