Friday, July 15, 2011

Yanukovych has made it a condition for the transition of Ukraine for rubles

Go to the calculations in rubles for Russian energy supplies is acceptable for Ukraine. This was announced today by President Viktor Yanukovych during his working visit to Cherkasy. At the same time he stressed that this is possible only if the lower price of Russian gas imports to Ukraine. "Review of payments for gas in Ukraine and Russia in rubles - a question for us is acceptable. We can go on this way. But we believe that our Russian partners at the same should apply to the price reduction factor" - the President said. According to him, the issue of transition to payments in rubles will be discussed in upcoming negotiations, and now they are engaged in the gas industry experts and the national central banks. The President stressed that the current price for Russian gas is too high, and expressed the view that the transition to a calculation in rubles can be economically justified. Earlier, Finance Minister Theodore Yaroshenko said that his ministry is negotiating with Russia to move to U.S. Dollars in the calculations of foreign trade transactions between the two countries. We remind the Prime Minister Mykola Azarov said that Ukraine and Russia could move to settlements in rubles for economic cooperation. According to him, the relevant initiatives put forward the Russian side and this issue is worth discussing. Ministry of Industry

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