Ukraine proposes creating transport corridor from the Baltic to the Caspian Sea

Ukraine has initiated the creation of a Baltic Sea-Black Sea-Caspian Sea transport corridor, as stated by Deputy Prime Minister and Minister of Regional Development, Construction, Housing and Communal Services, Gennady Zubko, at the 11th meeting of the Ukrainian-Azerbaijani Joint Intergovernmental Commission for Economic Cooperation in Baku.

"Ukraine has handed a draft agreement on the establishment of the international Baltic Sea-Black Sea-Caspian Sea transport corridor to Azerbaijan," Zubko …


Russian Ministry of Foreign Affairs: The EU's extension of sanctions is 'short-sightedness'

The extension of economic sanctions against Russia by the European Union is a short-sighted policy, as stated by the Russian Ministry of Foreign Affairs.

"The extension of the anti-Russian economic sanctions by the European Union until January 31, 2017, which are illegitimate from the standpoint of international law, is seen as a continuation of a short-sighted policy by Brussels," the Ministry’s statement reads.

The Ministry also stated that binding the sanctions to the implementation of the …


Polish Ministry of Development funds project to support Ukrainian businesses

The Polish Ministry of Development is funding a project in Kiev to support small and medium businesses in Ukraine,  Radio Polsha reported.

“The project, which aims to improve the attractiveness of Ukraine’s investments and competitiveness in the regions, funded under Polish development aid from the Polish Ministry of Development, has begun,” a statement issued by the Ministry read.

The Polish Ministry has allocated €800,000 for the program.

The project provides training and advice on …


Poroshenko says he has spoken with Putin twice over the last month

Ukrainian President Petro Poroshenko said that his communication with Russian President Vladimir Putin was focused on the release of hostages.

In the last month, the President of Ukraine, Petro Poroshenko, spoke twice on the telephone with Russian President Vladimir Putin.

Poroshenko said this in an interview with the Bulgarian TV channel bTV.

“Over the last month we had two phone conversations, and they were entirely devoted to freeing of the hostages. You know that dozens of Ukrainians …


Lithuanian President: Concessions to Russia would only increase the threat to European security

The President of Lithuania, Dalia Grybauskaitė, in commenting on the decision of the EU to prolong economic sanctions against Russia, stated that concessions to Moscow would only promote their aggressive policy and increase the threat to Europe’s security, Delfi reports.

The European Union is firm in its position that sanctions against Russia be extended until Russia implements the Minsk Agreements. It was approved by the EU Council on Tuesday.

"Any indulgence will only encourage Russia's …