Business news from Ukraine

KYIV INVITES EUROPEAN COMMISSION TO HOLD UKRAINIAN GTS FORUM, INVESTMENT FORUM IN 2018

14 July , 2017  

KYIV. July 14 (Interfax-Ukraine) – Ukraine has proposed to the European Commission to hold a forum devoted to raising investment into the Ukrainian economy early 2018 and a forum on the opportunities of using the Ukrainian gas transport system (GTS) in the context of ensuring energy security of Ukraine.
Ukrainian President Petro Poroshenko said at a joint press conference with President of the European Council Donald Tusk and President of the European Commission Jean-Claude Juncker in Kyiv on Thursday that Ukraine instructed to consider an opportunity of organizing a potent investment conference for Ukraine early 2018.
He also said that European gas transport operators have plans to jointly modernize and exploit the Ukrainian GTS and gas storage facilities. Ukraine proposed to the European Commission to hold a conference, an international forum devoted to the prospects of using the Ukrainian GTS in 2018, he said.
Poroshenko said that this conference could be conventionally named “Potential opportunities of the gas transport system for energy security of Europe.”
The Ukrainian president said that the energy front strengthening is dynamically developed in Ukraine and the European Union confirmed its readiness to support the country in the issue.