Ukraine Has Never Been More Stable Than it is Today - Ukrainian President

By Worldwide News Ukraine, PRNE
Tuesday, February 1, 2011

KYIV, Ukraine, February 2, 2011 - "Today the level of confidence and trust of Ukraine is growing
in the world. Almost all the credit agencies have upgraded Ukraine's rating
today," stated Ukrainian President in his interview with The Washington Post
in Davos. He also reminded that last May the Ukrainian parliament adopted the
law identifying the goal of Ukraine to join the European Union.

At the World Economic Forum in Davos, Switzerland, the
President of Ukraine Viktor Yanukovych had an interview with the Washington
Post's senior associate editor Lally Weymouth. During the interview the
President commented on the Ukraine-EU prospects, natural gas transfer, and
Ukraine's relations with the US along with the country's inner policy.

When commenting on Ukraine-Russia relations, Ukrainian leader
stated that rehabilitation of the relations between the two countries led to
sufficient natural gas deliveries to Europe. "Those developments have led to
more stability and an improved security situation in the European continent,"
said the President.

(The Russia-Ukraine 2009 gas conflicttook place when Russian
Gazprom refused to conclude a gas supply contract for 2009 unless Ukrainian
Naftohaz paid its accumulated debts for previous gas supplies. -Editor).

Speaking about political stability in the country, Viktor Yanukovych
mentioned that for the last 20 years since its independence Ukraine
did not implement any modernization. He considers fierce political fight to
have been the reason for stagnation. However, Yanukovych stressed that in
2010 "We (current Ukrainian government. - Editor) started the judicial,
criminal justice, tax, and public administrative reforms. We are trying to
streamline and improve the public finance system. The government's policy is
to deregulate the economy and make the climate for investors more

Answering the question on the evolution of the Ukraine-US
relationship, the President described them as strategic. "On very many issues
we are of the same opinion and we support each other," added Yanukovych.
Ukrainian leader highlighted that all of the last year's agreements between
Ukraine and the US are being successfully implemented. He particularly
mentioned the high enriched uranium program, and removal and destruction of
missile fuel. "We have a broad agenda between our two countries, and this
broad agenda shows that relations between us are good and stable," summoned
the President.

For more information, please contact Maryna Khorunzha, +380509151565, news at, Project Manager at Worldwide News Ukraine

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