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Ukraine: Tariffs for transportation should be reasonable

Staff Writer | September 26, 2017
The process of setting tariffs for transportation, in particular railway service, should be economically justified and coordinated with the business.
Volodymyr Groysman
Doing business   "We understand problems of businesses"
Prime Minister of Ukraine Volodymyr Groysman highlighted on air of one of the national TV channels.

"The challenge before the Ministry of Infrastructure is as follows: it is necessary to adjust tariffs to make those acceptable for the real sector of the economy and enable the Ukrzaliznytsia to modernize the rolling stock as it had suffered the decades of stagnation.

"And it is crucial here to find an acceptable solution in synergy with entrepreneurs. Business and the Ukrzaliznytsia express readiness for this," said Volodymyr Groysman.

He also cited examples of such a compromise. From January 1, 2018, tariffs in Ukrainian ports are to be reduced.

"We understand problems of businesses, and I see future growth and success of Ukraine," said Volodymyr Groysman.