Middle East Economic Survey

VOL. LII

No 13

30-Mar-2009

CASPIAN

Ukraine And EC Agree On Funding For Rehabilitation Of Ukraines Gas Network

Ukraine signed a declaration of cooperation with the European Commission (EC) on 23 March that calls on the European Investment Bank (EIB), the World Bank and the European Bank for Reconstruction and Development (EBRD) to finance up to 2.5bn worth of rehabilitation work on Ukraines gas transmission system over the next three years. In exchange Ukraine is expected...