The European Union and Ukraine will continue the process of integrating gas and electricity markets by updating Annex 27 of the EU-Ukraine Association Agreement and ratifying the amendments via a decision of the Ukrainian parliament. This was discussed at a meeting presided by Ivanna Klympush-Tsintsadze, Vice Prime Minister for European Integration.
As the Vice Prime Minister informed the participants of meeting, in the near future, the Annex, which has already been approved by the European side, should be approved by the Ukrainian government. The document also should be ratified by the Verkhovna Rada after that.
The Vice Prime Minister approached the participants of the meeting with a proposal to assist the Government in this area. “I know that you, like no one else, understand the depth of this transformation process. It is for the first time that we are talking not just about the implementation of EU legislation but also about infrastructure and market integration,” she said, “it’s a real fuse for the irreversibility of our course.”