Ukraine to deepen cooperation with EIB
The Government
of Ukraine has assumed a liability to stabilize the financial economic situation
in the country, hence the leaders of the country are
doing everything possible to achieve this goal. On March 12, the Prime Minister
of Ukraine Arsenii Yatseniuk is on a working visit at the United States of
America, the Minister of Economic Development and trade Pavlo
Sheremeta was considering the state of Ukrainian
economy at the Extraordinary Economic Summit of Ukraine, the First Deputy Minister
Anatolii Maksiuta was visiting
Luxembourg in order to coordinate further steps for the development of
cooperation with the European Investment Bank (EIB).
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During
the first meeting of the newly created EIB Eastern Partnership Committee it
was stressed throughout the recent 5 years Ukraine and the Bank had enlarged the
portfolio of the projects fourfold. It concerns energy, transport and
municipal infrastructure. For instance, nowadays the state sector is engaged in
realization of 6 investment projects to the tune of Eur
1.14 bln, another 7 projects to the tune of Eur 846.18 mln are being realized
in the private sector. “The
European Union has aired the intentions to provide the financial aid in the amount
of Eur 11 billion to Ukraine during the following years, the EIB could allot Eur 3
billion out of this sum. We are working with the Bank to fill the project
portfolio of the European Investment Bank in Ukraine with new projects in the
current and following years,” Anatolii Maksiuta said. Moreover, he informed Ukraine was planning to hold negotiations and sign with the EIB deals for 4-5 projects at the least in transport area, gas transporting system upgrade and building of hydro-accumulating power plants, in terms of improvement of heating and water supplies in the towns of Ukraine. “We
have resumed cooperation with the IMF, the EU and other donors that announced
the support of Ukrainian Government in order to carry out reforms, stabilize
the economy and restore the growth of it. We need significant investment
resources for modernization of the economy. We hope the new tools of support
rendered by the Bank and fast introduction of joint investment projects would
help us to stabilize the economy and revive the economic growth,” the First
Deputy Minister of Economic Development and Trade summed up. |