At a press conference in Kyiv, Victor Yushchenko said Ukraine would soon start to develop its coal industry, President's press office reported.

“Today, we are reappraising the role of Ukraine’s coal industry in its energy balance and energy policy, and very soon we will introduce reforms ensuring the development of the sector,” he said.

The Head of State added that the government would help coal industry workers to explore new fields. They also plan to “seriously revise and diversify” property at efficient, inefficient and unprofitable mines.

The President said the industry needs new policies in order to “consolidate funds of business and government to boost the sector.”

Yushchenko also said it is important to liberalize coal prices. He opined that it was a “great economic mistake” [ not to liberalize prices ], for Ukrainian miners could not earn bigger salaries.

The President assured those present that very soon our society would witness great changes in the industry.


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