At the Annual Assembly of the Board EBRD Governors, the idea to form a coordination council has got support form the EBRD officials. Initially the idea was proposed by Ukraine.

The Council is to be aimed at consolidation of cooperation between the government of Ukraine and EBRD and Ukraine’s reaching the EBRD strategy goals and implementation of the Cooperation Program for 2005-2006.

The Coordination Council would focus on the wide range of pressing cooperation matters. Economics Minister Arseny Yatsenyuk heads the Ukrainian delegation to the Annual Assembly of the Board of Governors of the EBRD, which winds up on Tuesday.

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