Czech Republic ready to provide investments into energy sector of Ukraine

13:12, 11 June 2008
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Vice Prime Minister of Ukraine meets Czech counterpart

The Czech Republic is ready to invest to the energy sector of Ukraine. Vice Prime Minister Hryhoriy Nemyria told a briefing summing up his meeting with Vice Prime Minister of the Czech Republic for European Affairs Alexander Vondra, according to the government’s press-office.

Hryhoriy Nemyria stressed that the Ukrainian economy is short of direct foreign investments to the energy sector from the EU member states. According to him, this issue is particularly pressing in the context of energy security both of Ukraine and Europe, as Ukraine as a transit state supplies about 80% of Russian and Central Asian gas to the countries of Europe.

In his turn, Alexander Vondra also noted that “Ukraine is a key country – supplier of energy sources from other states, in particular, Central Asia”. He told that issues on providing energy security are intended for discussed in the course of the nearest session of the European Commission.

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