Ukraine and EU intensify energy partnership

Ukraine and EU intensify energy partnership

The European Commission Vice-President for Energy Union Maros Sefcovic and the Energy Minister of Ukraine, Ihor Nasalyk, signed a new Memorandum of Understanding on a Strategic Energy Partnership between the EU and Ukraine. The Memorandum of Understanding aims to invigorate energy cooperation between the EU and Ukraine.

The new agreement will broaden the cooperation in all areas, including energy efficiency and renewable energy, as well as aim to create more certainty for investors. Up until now cooperation focused mainly on energy security, nuclear safety, infrastructure and market reforms, the European Commission press release said.

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