Financial Prerequisites for the Implementation of EU Directives at the Railway Transport in Ukraine

 
 
 
  • Abstract
  • Keywords
  • References
  • PDF
  • Abstract


    The article analyzes the EU rail transport directives to be implemented in Ukraine after signing the Association Agreement between the EU and Ukraine, as well as the systematic positive and negative consequences and reservations of the implementation of the directives in the Ukrainian rail transport legislation. However, bringing of rail transport to the state declared in these directives requires significant investments including foreign ones. At the same time, the investment attractiveness of the railway industry is very low. The reason for this is the unsatisfactory state of the non-current assets, low quality of transportation, unprofitable passenger transportation which requires cross-subsidization, etc. Upgrade of the transport infrastructure should be carried out with the use of the latest energy efficient technologies. There is a need to change the management principles of the railway industry as a whole. Fulfilment of implementation conditions will trigger the attraction of investments and increase of the revenue part of the budget of Ukrzaliznytsia, which in turn will increase the competitiveness of the domestic railway.

     

     


  • Keywords


    adaptation of the Ukrainian railways to the European standards; energy efficient technologies; financing the EU directive; implementation of EU directives on rail transport; investment attractiveness of rail transport; the competitiveness of Ukrainian rai

  • References


      [1] Uhoda pro asotsiatsiyu mizh Ukrayinoyu ta Yevropeyskym Soyuzom vid 16 veresnya 2014 rоku [Electronic resource]. – Access mode:.// http://www.kmu.gov.ua/control/uk/publish/article?art_id=24838763.

      [2] Rehlament № 1371 Yevropeyskoho Parlamentu i Rady vid 23 zhovtnya 2007 roku Pro prava obovyazky рasazhyriv zaliznychnoho transportu // Official Journal of the European Union, 3/12/2007.

      [3] Nykyforuk O. Implementatsiya dyrektyv YES shchodo zaliznychnoho transportu v zakonodavstvo Ukrayiny: pozytyvni ta nehatyvni naslidky [Tekst] / O Nykyforuk // Ekonomist. – 2013. – № 10. – S. 15 – 20.

      [4] Natsionalna transportna stratehiya Ukrayiny na period do 2030 roku, available online: //:http://search.ligazakon.ua., last visit: 15.06.2018.

      [5] Upravlinnya dovkillyam ta intehratsiya ekolohichnoyi polityky do inshykh haluzevykh polityk: korotkyy opys Dyrektyv YES ta hrafiku yikh vprovadzhenny, available online:

      [6] http://www.if.gov.ua/files/uploads/Upravlinnya_brochure_final.pdf, last visit: 15.06.2018.

      [7] Dyrektyva Rady 95/18/YEES "Shchodo zaliznychnykh pidpryyemstv", available online: // http://zakon5.rada.gov.ua/laws/show/994_952, last visit: 16.06.2018.

      [8] Dutch electric trains become 100% powered by wind energy, available online: // https://www.theguardian.com/world/2017/jan/10/dutch-trains-100-percent-wind-powered-ns, last visit: 15.06.2018.

      [9] Toshiba, available online: // http://www.toshiba.com/tai/, last visit: 16.06.2018.

      [10] 5 Ways the Railways Went Green, Efficient and Sustainable in 2017, available оnline: // https://www.thebetterindia.com/125437/indian-railways-sustainable-measures-2017/, last visit: 14.06.2018.


 

View

Download

Article ID: 19965
 
DOI: 10.14419/ijet.v7i4.3.19965




Copyright © 2012-2015 Science Publishing Corporation Inc. All rights reserved.