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News / 12 March 2010 | 16:02
The EU expects President Yanukovych not to sign the recently adopted public procurement law

The EU expects President Yanukovych not to sign the recently adopted public procurement law


The European Union expects Ukrainian President Yanukovych to veto the respective law. After carefully studying it, EU experts came to the conclusion that this law, adopted by Verkhovna Rada on 11 February 2010, is not fully in line with European standards.

These concerns were communicated, jointly with the World Bank, to the Presidential Administration, ForUm learned from Delegation of the European Union to Ukraine.

Main concerns not in line with EU standards raised by EU experts are:

• the adopted scheme of the appeals review mechanism does not meet key EU requirements of the impartiality and independence - this leads to corruption;

• excessively burdensome procurement procedures and too many sectors escape the application of the law - this undermines the transparency

Ukraine and the EU have jointly adopted  the list of priorities of mutual cooperation for 2010 on 26 January 2010. The points 26 and 27 mention concrete commitments of Ukraine to work towards harmonisation of public procurement legislation. This document also refers to specific EU legal acts (Directives 2004/17, 2004/18 and 2007/66) that Ukraine should align with.

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13:19 In Davos, President Viktor Yanukovych took part in a World Economic Forum session “New Energy Architecture: Enabling an effective transition.”
10:10 In Davos, President Viktor Yanukovych took part in a session of the World Economic Forum titled "Energy for Economic Growth.” During the session, President Yanukovych brought up the issue of energy security of Ukraine, and told about the implementation of new technologies to use alternative and unconventional energy sources in our country.

24 January 2012
13:48 A Ukrainian delegation has left for Washington to hold talks with the International Monetary Fund (IMF), Ukrainian Finance Ministry spokesperson Viktor Kosarchuk has said.

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