President of Ukraine Viktor Yanukovych says that no mines will be closed without reason. He said this at the meeting on the occasion of the Miner’s Day in Donetsk, ForUm learned from the press service of the President.

According to him, the preservation of the existing stock of promising operating mines is a priority vector of state policy.

President stressed that the closure of unprofitable mines is bound to happen in parallel with providing miners with new jobs and the preservation of the existing level of social protection.

In addition, the President noted the importance of engaging private investment in the coal industry.

"In the future it is necessary to improve public-private partnership involved in modernization of coal enterprises," he said.

At the same time, he said that the creation of the modern energy industry will accelerate the development of the real sector of the economy and major industries.

The President stressed the need for modernization of the coal industry.

"The ultimate goal of this process is to create a sector of new economic quality through the introduction of advanced production technology and management, modern safety standards," Yanukovych said.

The President noted that it is part of a larger plan to diversify the sources of energy, reducing dependence on external energy supplies and the introduction of energy saving technologies.

According to him, steps to increase the use of coal in the domestic market have been already taken. 

"In this way we create the market conditions for the development of the coal industry," Yanukovych said.


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