President Yushchenko thinks that it is important to develop GUAM’s transit potential and open alternative energy routes to Central Europe. He has stated on Wednesday in Vilnius at GUAM's tenth anniversary session, President's press office reports.

He has welcomed a multilateral energy cooperation agreement which will be signed by Azerbaijan, Georgia, Lithuania, Poland and Ukraine later today and will regulate and facilitate the implementation of the Odesa-Brody-Plock-Gdansk oil pipeline project. “This is a unique page in the implementation of such a global project,” he said.

The President has said Ukraine is “interested in fulfilling the energy potential of the Caspian, Black Sea and Baltic regions” and is ready to export electricity to Europe, particularly the Baltic states. “We fully support plans to build an energy bridge,” he has said and added that Ukraine is ready to participate in such projects.

Yushchenko has said security issues are very for GUAM. “Ukraine today reaffirms its commitment to implementing this direction of our common activity,” he said, stressing the need to resolve GUAM’s frozen conflicts and praising the progress that has been achieved in settling the Trans-dniester conflict.

He has described GUAM as a “unique project” enabling its members to have effective and productive national and bilateral cooperation and has said GUAM also cooperated with the European Union, the United Nations Organization, the United States and Japan.

Yushchenko has said GUAM should implement regional projects, like extending the Odesa-Brody oil pipeline westwards to Poland’s Gdansk, building railroads in Georgia and opening a ferry link between Ukraine and Georgia. “We are absolutely committed to this action plan,” he said.

“GUAM’s principles have formed a political climate that makes it possible to openly and productively tackle the region’s most pressing problems,” he added.


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