Sunday, April 11, 2010

Ukraine, Sweden to enhance cooperation in energy sphere

April 09, 2010 (Ukrainian Radio). Ukraine and Sweden will enhance cooperation in the energy sphere, in particular in energy saving, Mykola Azarov and Sweden Foreign Minister Carl Bildt came to an agreement on this during their meeting in Kyiv, the Media Liaison Department of the Cabinet's Secretariat informed. The Prime Minister of Ukraine expressed hope that Swedish investors having rich experience will find their place in modernization of Ukraine's economy, primarily in the sphere of energy saving technologies. Mykola Azarov supported a proposal by Carl Bildt on expansion of projects in energy cooperation. "Energy efficient technologies and nuclear power engineering are those directions in which Swedish investors are interested," Carl Bildt said. At the same time, he noted that expansion of bipartite economic cooperation will be promoted by concluding a free trade area agreement between Ukraine and the European Union. Carl Bildt reminded that parties are already working over concrete projects in the energy sphere based on the existing memorandum of mutual understanding between Ukraine and Sweden.