15:36 02.10.2014

MP Tigipko: Ukraine turning into resource-supplying appendage of Europe

1 min read
MP Tigipko: Ukraine turning into resource-supplying appendage of Europe

Ukraine is losing its industries and surviving on resources and agricultural material processing, Strong Ukraine party leader, independent parliament deputy Sergiy Tigipko said.

"We have lost exports of machines, pipes, steel and chemical products (...). Our exports of grain and ore have grown. Ukraine is slowly transforming into a resource-supplying appendage of Europe and the global economy," Tigipko said during a visit to the Interpipe Group metallurgical plant in Dnipropetrovsk on Thursday.

Metallurgical production dropped more than 10% in 2014 (compared to 5.5%) in 2014, and machine building was 20% down, he said. The Ukrainian economy is surviving on agriculture and agricultural material processing, the deputy said.

"Unfortunately, the industries are declining. If there is no change, we will have to deal with colossal problems," Tigipko added.

Preservation of industries is a direct task of the national administration because the prosperity of all Ukrainians depends on it, he said. "There is not a single country paying good salaries to teachers, doctors or scientists without industries," Tigipko said.

The deputy said the government should immediately take a number of steps towards industry preservation.

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