Ukraine – Ukrzaliznytsia Modernization Strategy : Policy Note 3 - Selected Cargo Business Issues
The draft law on Railway Transport of Ukraine (the ‘new Railway Law’) is currently awaiting sign-off from other ministries and the approval of the Cabinet of Ministers. The Law, among other aims, is intended to align with commitments contained the...
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| Format: | Policy Note |
| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/912741563255580781/Ukraine-Ukrzaliznytsia-Modernization-Strategy-Policy-Note-3-Selected-Cargo-Business-Issues http://hdl.handle.net/10986/32287 |
| Summary: | The draft law on Railway Transport of
Ukraine (the ‘new Railway Law’) is currently awaiting
sign-off from other ministries and the approval of the
Cabinet of Ministers. The Law, among other aims, is intended
to align with commitments contained the EU-Ukraine
Association Agreement 2014. The Agreement commits the
parties to cooperate and seek to harmonize policy,
legislation and regulation across a broad range of areas. In
its railway sector, Ukraine undertakes to approximate its
legislation to specified EU legislation (the ‘rail acquis’)
within stipulated timeframes, generally by 2022. The ‘market
opening’ provisions of the new Railway Law will include
arrangements allowing properly licensed cargo train
operating companies, whether public or private, to provide
transport services on Ukraine’s rail network on a fair and
equal (competitively neutral) basis. JSC Ukrzaliznytsia has
already begun a wide-ranging reform program with its
development strategy for 2019-2023 that includes a
comprehensive strategy dealing with its vision and values,
market analysis, objectives, reorganization into business
segments, and actions that are commensurate with best
practice observed by the World Bank. The strategy should
result in a sustainable and expanding railway to meet the
country’s needs. The focus of this policy note is on
selected cargo business issues involved in JSC
Ukrzaliznytsia (UZ) preparations for competing in the
provision of rail cargo transport services. |
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