Licenses for extraction
of mineral resources should be sold through open auctions and competitions, said
Prime Minister of Ukraine Arseniy Yatsenyuk on Thursday, March 12, during the Public
report presented by the Cabinet of Ministers of Ukraine following one hundred
days of their activities.
The Prime Minister
appealed to the Minister of Environment and Natural Resources of Ukraine Ihor Shevchenko and stressed the need to move forward from joint
activity agreements (JAA) in the area of development of mineral resources,
"which implied an exceptionally corrupt component" to product sharing
"We ought to encourage
real investors instead of corrupt bureaucrats who have an access to signing of joint
activity agreements", urged Arseniy Yatsenyuk.
"These two tasks
should be completed by the end of year", he stressed.