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News / 20 January 2012 | 15:50
President: Ukraine should solve high gas price issue effectively and adequately

President: Ukraine should solve high gas price issue effectively and adequately


Ukraine should effectively and adequately resolve the problem of excessively high price of gas our country pays due to the 2009 contracts, President  Viktor Yanukovych said, opening today’s National Security and Defense Council meeting, ForUm learned from the presidential press office.

"This issue is of great importance for our country, its economy and development," he said.

The President stressed that the infamous gas agreement is a "huge burden" for Ukraine due to the fact that it had been signed for 10 years. Therefore, he said, we are now making every effort to resolve this issue.

"In the times of economic crisis in the world – and Ukraine is also affected by it – the agreement is an additional factor of negative influence on our country," Viktor Yanukovych said.
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13:19 In Davos, President Viktor Yanukovych took part in a World Economic Forum session “New Energy Architecture: Enabling an effective transition.”
10:10 In Davos, President Viktor Yanukovych took part in a session of the World Economic Forum titled "Energy for Economic Growth.” During the session, President Yanukovych brought up the issue of energy security of Ukraine, and told about the implementation of new technologies to use alternative and unconventional energy sources in our country.

24 January 2012
13:48 A Ukrainian delegation has left for Washington to hold talks with the International Monetary Fund (IMF), Ukrainian Finance Ministry spokesperson Viktor Kosarchuk has said.

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