: G7 leaders welcome energy policy reforms in Ukraine

09:55 May. 29, 2016

G7 leaders welcome energy policy reforms in Ukraine

the G-7 summit meetings in Shima, Japan, Thursday, May 26, 2016 (AP Photo)

'We support the steps Ukraine is taking to implement comprehensive structural, governance and economic reforms' - G7 leaders state

G7 leaders have welcomed the substantial energy policy reforms ongoing in Ukraine, and strongly urge it to pursue further ambitious reform of its energy sector.

"In the context of the ongoing crisis between the Russian Federation and Ukraine, we reiterate that energy should not be used as a means of political coercion or as a threat to security," the leaders said in their declaration issued following the results of G7 Ise-Shima Summit that was held on May 26-27, 2016 and devoted to addressing major global economic and political challenges.

Read also G7 leaders urge Ukraine to enhance anti-corruption efforts

"We welcome the substantial energy policy reforms ongoing in Ukraine, and strongly urge it to pursue further ambitious reform of its energy sector. We also call for enhanced cooperation between the Ukrainian national gas transmission system operator and relevant international peers," the document says.

The Summit was attended by U.S. President Barack Obama, Japanese Prime Minister Shinzo Abe, German Chancellor Angela Merkel, British Prime Minister David Cameron, French President Francois Hollande, Canadian Prime Minister Justin Trudeau and Italian Prime Minister Matteo Renzi. 

Reporting by UNIAN

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