The resumption of direct supplies of hydrocarbons from Kazakhstan to Ukraine corresponds to interest of both countries, Prime Minister of Ukraine Mykola Azarov said today during the meeting with first vice Prime Minister of the Republic of Kazakhstan Bakitzhan Sagintayev, the Cabinet’s press office informs.

Azarov noted that the creation of a FTA within the Commonwealth of Independent States provides for the conclusion of the Agreement on free access to pipeline transportation of the CIS countries, and creates opportunities for direct supplies of Kazakh oil and gas in Ukraine: "We are set to increase cooperation in transportation, in particular pipelines. I think that this is also an interesting prospect to Kazakhstan, as it has sufficient reserves of gas and oil, and might trade with us not only through the Russian Federation, but also directly, as it was before 2005. This will benefit Kazakhstan and Ukraine".

The Prime Minister added that the establishment of the Customs Union (which includes Russia, Belarus and Kazakhstan - Ed.) has complicated the economic and trade relations within the CIS, and therefore now it is necessary to improve cooperation mechanisms.

"Within negotiations with the Customs Union, we want to develop a format for the relationship, for the benefits of a FTA within the CIS, which we have prepared for almost 20 years, to be filled with real content, and for the framework of the Customs Union not to prevent the implementation of provisions on the free trade area," Azarov concluded.

 

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