At his joint Press Conference with European Commission President Jose Manuel Barroso, President Victor Yushchenko informed the media that on March 23 an investment conference would take place in Brussels at which sides would discuss modernization of Ukrainian gas transit system.

"We are conducting open policy and are interested in the European Union considering Ukraine a reliable partner in energy relations," said President Yushchenko. He noted that although Ukraine's gas transport system is one of the most reliable in Europe, it needs modernization. And to discussing that modernization, according to him, will be dedicated the conference in Brussels.

Beside that President Yushchenko pointed to importance of integration of Ukrainian gas transport system into European system saying that "we see our future in integration of Ukraine's gas transport system into European market."

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