Fuel and Energy

On 22nd September 2016 the Verkhovna Rada of Ukraine (VRU) adopted in the first reading the Draft Law “On electricity market of Ukraine” #4493 dd. 21.04.2016, which is a part of Ukraine`s obligations under the Third Energy Package of the European Union.

The European Business Association appealed on supporting the Draft Law #4493 and proposed amendments regarding the regulation of certain aspects of electricity producing from the alternative fuel types and trade-exchange activity.

Business-community supports the VRU activity in this field and encourages the improvement of the Draft Law #4493 according to the EBA proposals and its adoption.

Legal background:

On 22nd September 2016 the Verkhovna Rada of Ukraine (VRU) adopted in a first reading the Draft Law “On electricity market of Ukraine” #4493 which was registered in the VRU on 21.04.2016.

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