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Brussels, 22 March 2012

Š.Füle with Ukrainian Energy Minister Y.Boyko

Commissioner for Enlargement and European Neighbourhood Štefan Füle met with the Energy Minister of Ukraine Yuriy Boyko in Brussels late Thursday. They discussed recent developments in bilateral relations, including the text of the Association Agreement, which was finalised last December and will be initialled in Brussels on 30 March. Commissioner Füle recalled that the signature and the ratification of the Association Agreement will depend on political circumstances in Ukraine, notably in relation to respect for common values and the rule of law.

In the context of the energy sector Commissioner Füle stated: "The overall goal of the Ukrainian government for closer integration with the EU cannot be achieved without transparency in the energy sphere." He noted in this regard the provisions of the Energy Community Treaty and also those of the Association Agreement, including Deep and Comprehensive Free Trade Area. "Meeting your energy commitments is very important to us and we should continue to work hard so that the opportunities foreseen by the Energy Community Treaty could be used to the full benefit of Ukraine," Commissioner Füle said. He added that this was also essential for the country's future energy security and independence.

He also mentioned the EU´s support for Ukrainian efforts to move towards a market oriented price for its gas, in line with the requirements of the IMF, and declared the willingness of the EU to participate in trilateral discussions regarding the modernization of the Ukrainian gas transit system. Such an approach would logically represent the producer, transit country and the consumer. "I am pleased that Ukraine has reaffirmed its interest in having trilateral energy consultations together with Russia," Commissioner Füle said after his meeting with Minister Boyko.

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