On April 24, the Ukrainian Parliament adopted a first reading of the bill “On Inland Water Transport,” finally codifying important planned reforms pertaining to riverine transportation in Ukraine – in particular, on the Dnipro River (Mtu.gov.ua, April 24). This new law creates a framework regulating the functioning and development of domestic riverways as well as launches a liberalization of this sector. If the bill passes its second reading (following additional input from interested businesses – UNIAN, April 24), Ukraine will come into compliance with the obligations found in its Association Agreement with the European Union, at last opening its river transportation market to foreign companies, external investments and foreign-flagged ships (notably, including military vessels) (Rada.gov.ua, January 17).
The E40 waterway: Economic and geopolitical implications for Ukraine and the region
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