Misunderstandings between Ukraine and Russia, which arose after the Brussels declaration on the modernization of the Ukrainian GTS, will be shortly eliminated, Prime Minister Yulia Tymoshenko told a forum with representatives of political, business and scientific elite of Japan.

"I'm sure that misunderstandings among the EU, Ukraine and Russia will be shortly removed. And Russia, as gas supplier, will surely participate in all procedures," she stated.

As referred to the Brussels declaration, Tymoshenko named three crucial aspects. According to her, the question is about the Ukrainian GTS to remain Europe's main transport pipeline for a long time, the necessity to modernize this system and the readiness of the EBRD, European Investment Bank and the World Bank to be partners.

Russia was not a party to the declaration, which caused its discomfort, Tymoshenko noted, having reminded that at a press conference with European Commission's President Barroso a statement had been made that reformation of the Ukrainian GTS is open for the Russian Federation.

"We stated that modernization of the GTS is open for Russian investors, but on the condition that the GTS itself remains in Ukraine's state property," Tymoshenko underlined.

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