Victor Yushchenko has visited Damen Shipyards Ocean, one of Ukraine’s biggest shipbuilders, to wish the Mykolaiv-based company a happy birthday and take part in a ceremony of towing their 384th vessel out ofthe dock.

The President is glad he helped the company find an honest and promising investor when he was the country’s prime minister and is convinced the plant promotesUkraine as one of the world’s leading shipbuilders and sea states, the president press office informed.

President Yushchenko said his government saw the development of the shipbuilding industry as one of their paramount priorities. He praised Damen Shipyards Ocean for wonderful vessels and, more importantly, for the ability to find new customers. He said the revival of Ocean was a perfect illustration of the importance of European economic integration.

“For we can thus conquer markets,” he said.

The Head of State reiterated that Ukraine’s accession to the WTO would also give our country new economic opportunities and expressed hopes Ukrainianswere aware of all the advantages of its European integration.

He said private business couldefficiently manage this industry and help companies find new customers.

“The state must step back publicly and honestly from this area by staging competitive and transparent privatizations,” he said.


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