President of Ukraine Viktor Yanukovych announced the completion of "large-scale privatization" in the country. "Large-scale privatization ends. Not the state, but the private initiative and competition run the distribution of resources between the points of economic growth," he said.
According to him, Ukraine will continue the work to strengthen energy independence.
“Strengthening the “energy sovereignty” is facilitated by diversification of sources of energy supply, introduction of energy-saving technologies, non-conventional and alternative fuel resources,” Yanukovych said at the ceremony in honor of Independence Day of Ukraine, which took place on Vladimir Hill in Kyiv.
He stressed that the main task of the global modernization policy, which is implemented in the country, is the development of a modern market economy, a democratic political system and well-educated, free and self-governing civil society.
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