Energy Headlines

Ukraine counts on improving energy cooperation with countries of the Organization of Black Sea Economic Cooperation. This was stated by the First vice Prime Minister of Ukraine Valeriy Khoroshkovskyi while attending the Summit of Heads of State and Government of the OBSEC, which took place on June 26, 2012 in Istanbul.

According to the First vice Prime Minister of Ukraine, over 20 years of existence, the BSEC has become a leading platform for economic cooperation not only in the Black Sea region, but also far beyond.

Mr. Khoroshkovskyi stressed that Ukraine is optimistic about the prospects for cooperation in the Black Sea region and open to the most intense interaction with all participants. "Today, despite the impact of the global economic crisis, the OBSEC Member States continue the effective implementation of major regional projects of strategic importance, particularly in the energy field" - he stressed.

"The significance of the Black Sea region as a major energy transit corridor will only grow in future. We count on further deepening of cooperation in this area taking into account the interests of all parties" - the First vice Prime Minister of Ukraine said.

Valeriy Khoroshkovskyi also noted that Ukraine is ready to support projects that will give new impetus to the Organization and increase its effectiveness. "In the near future, we will present proposals for a multilateral agreement on regional intermodal transportation, particularly with the use of Viking trains – he said.

In addition, he noted that environmental protection must remain a strategic sphere for all countries in the region. "We must focus on solving environmental problems through effective coordination of activities in this area, as well as through the introduction of the principles of environmentally responsible economy" - Valeriy Khoroshkovskyi said.

Source: Government Portal