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Archive for April 13th, 2010

Ukraine resumes cooperation with IMF

Posted by the Editor on April 13, 2010


News / 13 April 2010 | 16:43

Ukraine resumes cooperation with IMF

Ukraine resumes cooperation with IMF

Ukraine and the International Monetary Fund (IMF) came to terms over the resumption of cooperation, Ukrainian President Viktor Yanukovych said after a meeting with IMF managing director Dominique Strauss-Kahn.

During Yanukovych’s official visit to the United States on Monday to participate in the nuclear security summit in Washington, he discussed with the IMF director possible programs of cooperation. Ukrainian president commended IMF’s management for the “constructive dialogue they reached.”

“It seems, we have come to terms, although reaching it is not always easy,” Yanukovych’s press service quoted him as saying on Tuesday, according to RIA Novosti.

Ukraine’s current stand-by program amounts to $16.4 billion, with $11 billion already installed in three tranches. The fourth tranche of $3.8 billion was due in 2009 but has not yet been installed because of the recent political instability.

In early March, the president of the European Commission, Jose Manuel Barroso, called on Ukraine’s recently elected president Viktor Yanukovych to resume talks with the IMF on the $16.4 billion loan. He said the EU would provide Ukraine with a $0.7 billion in financial aid if the talks succeed.

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Opposition seeks to legislate independent external testing

Posted by the Editor on April 13, 2010


News / 13 April 2010 | 14:31

Opposition seeks to legislate independent external testing

Opposition seeks to legislate independent external testing

The opposition government is proposing to legislate parameters of independent external testing. The corresponding draft law “On higher education” (new edition) was submitted to parliament by BYuT deputy Volodymyr Polokhalo, the minister of education in the opposition government.

The law would require that independent external tests be taken in order to apply for admission to an institution of higher education.

According to the bill, Cabinet of Ministers is responsible for establishing policy for the administration of independent external testing and monitoring of education quality. Meanwhile, a special central executive government body in the field of science and education is responsible for identifying the list of subjects to be tested and schedules no later than August 31 of the year before testing.

The document also identifies the need to ensure openness and objectivity of independent external testing, to establish the length of validity of testing certificates, to provide a list of individuals who can be involved in the administration of independent external testing, to establish a procedure for appealing test results, to outline the principles of public monitoring of the testing administration, etc.

According to Volodymyr Polokhalo, this new version of the law on higher education, which takes into account modern European and global trends in higher education and elements of the Bologna Process, is an urgent matter.

Adoption of the law “will help create conditions and increase access by citizens of Ukraine to higher education, contribute to their mobility in the European educational space, improve the level of training of specialists in Ukraine, address several social issues concerning educators, have a positive influence on improving the country’s educational potential, and recognition of Ukrainian higher education in Europe and the world,” reads the memorandum to the bill, Yulia Tymoshenko’s official website reported.

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Budget 2010 must be adopted before May 1 – Speaker

Posted by the Editor on April 13, 2010


News / 13 April 2010 | 12:49

Budget 2010 must be adopted before May 1 – Speaker

The state budget 2010 should be adopted before May 1, Verkhovna Rada Chairman Volodymyr Lytvyn stated at the Conciliatory Council of heads of the Parliament’s committees and factions.

The Speaker added that it is necessary to adopt the budget so that till May 9, the Victory Day of the Great Patriotic War 1941-1945, the war veterans could get their payments.

At the same time, Lytvyn noted that work over the draft budget was actually over. The only issue remained – a price for gas, UKRINFORM reports.

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Yanukovych and Obama deepen Ukrainian-American ties

Posted by the Editor on April 13, 2010


News / 13 April 2010 | 10:54

Yanukovych and Obama deepen Ukrainian-American ties

Yanukovych and Obama deepen Ukrainian-American ties

President Viktor Yanukovych and President Barack Obama today reaffirmed the strategic partnership between Ukraine and the United States and their intention to realize its full potential.  To this end, they committed to build upon the United States-Ukraine Charter on Strategic Partnership and the Strategic Partnership Commission.

The two leaders recognized their countries’ common interests and shared values mirrored in the Charter: democracy, economic freedom and prosperity, security and territorial integrity, energy security, cooperation in the defense arena, the rule of law and people-to people contacts.  The Presidents discussed recovery from the global economic crisis, joint statement of two presidents says, according to the press office of the White House. 

President Yanukovych stressed his commitment to addressing Ukraine’s economic challenges through implementation of systemic reforms and the resumption of Ukraine’s cooperation with the IMF. 

President Obama supports that commitment.  The two leaders recognized the potential for increased bilateral trade and investment, and they announced their intention to strengthen engagement on economic, financial and investment-related issues.

President Yanukovych and President Obama reaffirmed their shared vision of a world without nuclear weapons and pledged to work together to prevent proliferation and to realize the Nuclear Security Summit’s goal of securing all vulnerable nuclear materials.

President Yanukovych offered his congratulations on the signing of the new START Treaty. President Obama recognized Ukraine’s unique contribution to nuclear disarmament and reconfirmed that the security assurances recorded in the Budapest Memorandum with Ukraine of December 5, 1994, remain in effect.

President Yanukovych announced Ukraine’s decision to get rid of all of its stocks of highly-enriched uranium by the time of the next Nuclear Security Summit, while the United States will provide necessary technical and financial assistance to support this effort. Ukraine intends to remove a substantial part of those stocks this year. 

President Obama praised Ukraine’s decision as a historic step and a reaffirmation of Ukraine’s leadership in nuclear security and nonproliferation. Ukraine joins the United States in the international effort to convert civil nuclear research facilities to operate with low enriched uranium fuel, which is becoming the global standard in the 21st century.

The two leaders agreed to explore ways to strengthen cooperation in the peaceful uses of atomic energy, including development of Ukrainian nuclear research capabilities and efforts to diversify Ukraine’s nuclear power industry’s fuel supply, in accordance with the 123 Agreement and other complementary bilateral arrangements as may be agreed by Ukraine and the United States.

They also agreed to continue working together on nuclear safety, including efforts to safeguard the Chornobyl nuclear reactor site. The United States has contributed almost $250 million to this effort and reaffirms its commitment to further support Ukraine and others in restoring the Chornobyl site to a safe condition.

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