2
TH E
U K R A IN IA N
W EEKLY
SUNDAY, FEBRUARY
2 3 ,
1 9 9 2
N o.
I
"N ew
U k ra in e" m o v em en t p ledg es
t o
p ush ra dic a l ec o n o m ic refo rm
by M arta K olom ayets
K iev Press B ureau
K IE V
-
"Today, we face
a
re a l
d a n g e r: in th e fe rv e n t p ro c e s s o f fo u n d \u00ad
in g a s ta te , w e m a y fo rg e t w h a t fo rm
it
s h o u ldta k e ," s a id V o lo d y m y r H ry n io v ,
th e
s e c o n d
d e p u ty
c h a irm a n
of the
S u p re m e C o u n c il o f U k ra in e .
" In o rd e r to h a v e a tru ly d e m o c ra tic
s ta te , we m ust also have an econom y
th a t
w o rk s ; w ith o u t
o n e
y o u
c a n n o t
h a v e
th e
o th e r,"
h e to ld
jo u rn a lis ts
d u rin g
a
p re s s
c o n fe re n c e
h e ld
o n
F rid a y , F e b ru a ry
7, to fam iliarize
th e
m e d ia w ith th e g o a ls a n d o b je c tiv e s o f
th e
n e w
s o c ia l
m o v e m e n t,
w h ic h
c a lls
its e lf
"N ew
U k ra in e " (N o v a
U -
k ra in a ).
W o rk in g o n th e p rin c ip le th a t w ith \u00ad
o u t ra d ic a l e c o n o m ic re fo rm
U k ra in e
c a n n o t e m e rg e a s a d e m o c ra tic s ta te o n
th e
w o rld
s c e n e ,
M r.
H ry n io v
a n d
h is d e p u ty -c o lle a g u e s , V o lo d y m y r
F i-
le n k o , d ire c to r o f th e s e c re ta ria t o f th is
organization, as w ella s V asyl Y evtukhov
a n d
Y u riy
Z b itn ie v , o u tlin e d
th e ir
p ro g ra m .
T h e s e d e m o c ra tic d e p u tie s , w h o h a v e
jo in e d
fo rc e s
w ith
businessm en
a n d
m anagers in U kraine, hope to speed up
th e
p ro c e s s e s
of p riv a tiz a tio n ,
ta x
re fo rm
a n d
a g ra ria n
re b irth
to
p u ll
U k ra in e in to a free m a rk e t e c o n o m y .
A lth o u g h M r. H ry n io v a d d e d th a t a t
th is
p o in t in
tim e they
are concerned
w ith
e c o n o m ic
issues, he did
not ex\u00ad
c lu d e th e p o s s ib ility th a t N e w
U k ra in e
w o u ld a ls o a c t in th e p o litic a l s p h e re in
th e fu tu re .
" I
w ant
t o
m ake
th e
d is tin c tio n
b e tw e e n a p a rty a n d a m o v e m e n t," s a id
M r. Y e v tu k h o v , w h o is a ls o th e c h a ir\u00ad
m an
o f th e p a rlia m e n ta ry
C o m m itte e
on D evelopm ent of the Basic Branches
o f N a tio n a l E c o n o m y .
"A party's goali s to seize power.That
is
n o t
o u r a im . A
s o c ia l m o v e m e n t's
ta s k is to h e lp s ta b iliz e th e s itu a tio n in
th e
governm ent and
t o
c ritic iz e
i t s
a c tio n s , se rv e a s a w a tc h d o g , lo o k in g
o u t fo r c itiz e n s ' in te re s ts ," h e n o te d .
"A t th is p o in t, it is to o early to say if
we are
th e
o p p o s itio n
m o v e m e n t,"
a d d e d M r. F ile n k o , e x p la in in g th a t th e
governm ent of L eonid K ravchukis now
o n ly fo rm in g . " O n c e iti s fo rm e d ,w e w ill
be able to
ta k e a s ta n d . W e w ill b e a
c o n s tru c tiv e
o p p o s itio n
if
in d e e d
th e
n e w g o v e rn m e n t p ro m o te s sw ift ra d ic a l
e c o n o m ic re fo rm ."
New U kraine also does not see itself
a s
c o m p e titio n to R u k h , th e P o p u la r
M o v e m e n t o f U k ra in e . " W ith th e p r o \u00ad
c la m a tio n
o f
U k ra in e 's
in d e p e n d e n c e
b y
th e
p e o p le
o n
D ecem ber
1, Rukh
c o m p le te d
its h is to ric ro le . N o w , th e ir
m ovem ent
has reached
s ta g n a tio n .
M a n y o f u s (N e w U k ra in e ) to o k p a rt in
R ukh,
b u t
n o w
it
is tim e
t o
a c t in
e c o n o m ic s p h e re s . W e n o t o n ly in c lu d e
th e
n a tio n a l
in te re s ts
o f
U k ra in e 's
c itiz e n s ,
b u t
t r y
t o
fin d
a
b a la n c e
b e tw e e n
th e ir
social and
n a tio n a l in \u00ad
terests, and
th e ir
business and
s o c ia l
g u a ra n te e s ,"
s a id
M r.
Z b itn ie v ,
a
m em ber of the
S o c ia l-D e m o c ra tic
P a rty .
T o d a te , N ew U k ra in e h a s re p re s e n ta \u00ad
tiv e s fro m
v a rio u s
businesses and
c o o p e ra tiv e s ,
p o litic a l
p a rtie s ,
tra d e
unions, business associations, civic
o rg a n iz a tio n s ,
th e
U k ra in ia n
P a rlia \u00ad
m e n t a n d g o v e rn m e n t.
A m ong
its
fo u n d in g
m em bers
a re
d e p u tie s fro m
th e P a rty fo r th e D e m o \u00ad
c ra tic
R e b irth
o f
U k ra in e ,
in c lu d in g
M essrs.
H ry n io v ,
F ile n k o
a n d
\u041e \u0456\u0435 \u043a \u2013
s a n d e r Y e m e tz , a s w e ll a s M in is te r o f
th e
E n v iro n m e n t
Y u riy
S h c h e rb a k ,
C h a irm a n o f th e P a rlia m e n t's C o m m it\u00ad
te e o n F in a n c e V o lo d y m y r P y ly p c h u k ,
a s w e ll a s V o lo d y m y r L a n o v y , m in is te r
o f p riv a tiz a tio n .
U k ra in e le a d s ...
(C o n tin u e d fr o m
page 1)
leaders, scheduled for M arch2 0 in K iev.
O th e r is s u e s o n th e a g e n d a in M in s k
in c lu d e d
establishm ent of a joint CIS
s p o rts c o u n c il a n d d is p o s itio n o f p ro \u00ad
p e rty
o f
th e
fo rm er
U S S R , re p o rte d
R F E /R L . D ocum ents w ere signed also
o n
re g u la tin g
tra d e
a n d
e c o n o m ic
m a tte rs . O n e s u c h a g re e m e n t s tip u la te s
th a t
th e
ru b le w ill re m a in
th e
s o le
m o n e ta ry u n it fo r fin a n c ia l o p e ra tio n s
th ro u g h o u t
th e
C o m m o n w e a lth ,
b u t
th a t re p u b lic s a re fre e to in tro d u c e th e ir
own currencies.
In a d d itio n , R F E /R L
re p o rte d
th a t
th e
m e m b e r-s ta te s a d o p te d
a d e c la ra \u00ad
tio n
o f
p rin c ip le s
th a t
s ta te s
am ong
o th e r th in g s th a t C IS m e m b e rs w ill n o t
in te rfe re
in e a c h o th e r 's a ffa irs a n d w ill
re s p e c t e a c h o th e r's te rrito ria l in te g rity .
I n
re la te d
news, speaking
o n
F e b \u00ad
ru a ry
19 at a press conference in K iev,
President K ravchuk asserted that R us\u00ad
s ia n P re s id e n t Y e lts in h a d n o
rig h t to
n e g o tia te s tra te g ic a rm s c u ts o n b e h a lf
o f th e C o m m o n w e a lth o f In d e p e n d e n t
States. M r. K ravchuk em phasized that
th e fo u r fo rm e r S o v ie t re p u b lic s w ith
n u c le a r w e a p o n s a ll s h o u ld ta k e p a rt in
ta lk s w ith th e U n ite d S ta te s .
" I w o u ld h a v e th is c o m m e n t: y o u c a n
c u t o n ly th e fo rc e s y o u h a v e ," R e u te rs
q u o te d
th e
U k ra in ia n
president as
saying. "If he (Y eltsin)i s speaking about
th e s tra te g ic a rm e d fo rc e s o f th e e n tire
C o m m o n w e a lth , h e h a s n o t re c e iv e d a
m a n d a te fro m
u s," M r. K ravchuk said.
C o m m e n tin g
o n
th e
fu tu re
o f
th e
C IS ,
Iv a n
P liu s h c h , c h a irm a n
of the
U k ra in ia n
S u p re m e
C o u n c il, to ld
th e
F in a n c ia l T im e s
th a t
th e
C om m on\u00ad
w e a lth
h a s o n ly a " tra n s itio n a l" fu n c \u00ad
tio n in e n a b lin g S o v ie t s ta te s to g o th e ir
o w n w a y s . M r. P liu s h c h d e s c rib e d th e
C IS as a "fo rm
w h ic h h e lp s th e s ta te s o f
th e fo rm e r S o v ie t U n io n g o th ro u g h a
d iv o rc e p ro c e s s ."
The C IS, he added,i s "on the edge of
a precipice." M r. Pliushch also accused
R u ssia
o f a tte m p tin g
to re-establish a
u n io n
s tru c tu re
" u n d e r
th e
g u is e
o f
c o o p e ra tio n ."
H is c o m m e n ts w e re p u b lis h e d in th e
F e b ru a ry
20 issue
of the
F in a n c ia l
T im es.
U k ra in e 's c o u p o n s ...
(C o n tin u e d fro m
page 1)
m o n e y , a lth o u g h th e y a r e n o t o ffic ia lly
a c u rre n c y ."
O leksander
V. Savchenko
of the
U k ra in ia n
N a tio n a l B a n k
a d d e d
th a t
th e
o rig in a l
id e a
of the
U k ra in ia n
g o v e rn m e n t, " to u se th e c o u p o n o n ly a s
c a s h , a n d n o t fo r c o m m e rc ia l p a y m e n ts
th ro u g h
b a n k
t r a n s f e r s , "
w o n 't
b e
p o s s ib le a n y lo n g e r. "A re s ta u ra n t th a t
c o lle c ts in c o u p o n s fro m
custom ers has
to b e a b le to d e p o s it th is m o n e y a n d p a y
b ills . In o n e m o n th , th e c o u p o nw illb e a
c o m p le te c u rre n c y ."
I n
a n y
e v e n t, d e v e lo p m e n ts
o n th e
s tre e t in 'U k ra
:
m ^^
g o v ^ rn m e n K o ffic ia ls ' in te n tio n s as;
n o te d by The New
Y o rk T im es' h e a d lin e
\u2014
"A d
H o c U k ra in e C u rre n c y D riv e s
O ut R ussian
R u b le." W hile its official
v a lu e w a s s till o n e c o u p o n p e r ru b le , o n
th e
" b la c k
m arket" coupons
w ere
v a lu e d
fro m
2 to
7 rubles, and
w ere
tra d in g
fo r
d o lla rs
a t
th e
ra te
of 16
c o u p o n s p e r d o lla r. B u y e rs a n d s e lle rs
in U kraine, m oreover, seem ed w illing to
accept coupons for nearly any product
and for various services.
a tte n d e d
b y
1 1
of the
fo rm er
S o v ie t
re p u b lic s ,
s ig n a ls
y e t
a n o th e r
b re a k \u00ad
th ro u g h
in
re la tio n s b e tw e e n
the new
s o v e re ig n
s ta te s a n d
re in fo rc e s
th e
in d e p e n d e n c e o f th e s ta te s fo rm in g th e
n e w c o m m o n w e a lth .
F o llo w in g th e a g re e m e n t, V o lo d y m y r
H ry n io v , d e p u ty c h a irm a n o f th e U k ra i\u00ad
n ia n
P a rlia m e n t,
w as
q u o te d
in
th e
F inancial T im es as saying, "W e have no
d o u b t th is d o c u m e n t w illb e ta k e na s th e
fram ew o rk
fo r th e in tro d u c tio n o f o u r
c u rre n c y ."
T he
F in a n c ia l
T im e s
a rtic le
n o te d
th a t th e
a g re e m e n t e s ta b lis h e d
a new
"code of conduct" on introducing new
c u rre n c ie s . A m o n g th e p o in ts c o v e re d
by the agreem ent were:
; ^ A ll s o v e re ig n s ta te s h a v e a rig h t to
is s u e th e ir o w n c u rre n c ie s .
^
T h e s u b s titu tio n
o f o ld c u rre n c ie s
s h o u ld
b e
q u ic k , c o m p le te
a n d
n o n -
d is c rim in a to ry .
^
A ll
ru b le s
c o lle c te d
s h o u ld
b e
re m itte d to th e R u s s ia n c e n tra l b a n k .
^
T h e c o u n try
issuing the new
c u r\u00ad
re n c y
w ill in fo rm
th e
" ru b le
z o n e "
c e n tra l b a n k
of its program ,subject to
c o n fid e n tia lity
o n
th e
e x a c t d a te a n d
ra te o f s u b s titu tio n .
M r. H ry n io v n o te d th a t U k ra in e h a d
d e c id e d
to
in tro d u c e
its c u rre n c y
fo r
p o litic a l re a s o n s , b u t th a t " th e p ro c e s s
o f s ta b iliz in g th e ru b le d e c id e d u p o n b y
Russia leaves us no other course."
T h e re is o ffic ia l d is a g re e m e n t o n th e
re a s o n s fo r th e tra n s fo rm a tio n
o f th e
c o u p o n s
in to
a
U k ra in ia n
c u rre n c y .
U krainian officials insist that they were
fo rc e d
t o
act as
th e y
d id
because of
R u s s ia 's fa ilu re to p ro v id e U k ra in e w ith
th e
1 8 b illio n in ru b le n o te s re q u e s te d
a fte r
p ric e s
w ere
fre e d
in
R u ssia
o n
J a n u a ry
2 and
in U k ra in e o n J a n u a r y
1 0 .T he
N ew
Y ork
T im e s
n o te d , h o w \u00ad
e v e r,
th a t
"R u ssian
o ffic ia ls
c o n te n d
th a t th e y s u p p lie d U k ra in e w ith e n o u g h
ru b les, a rep ly th at raises th e p o ssib ility
th a t th e U k ra in ia n g o v e rn m e n t s o u g h t
a n e x c u s e to c re a te a n a tio n a l c u rre n c y ,
w ith o u t w a itin g u n til th e h ry v n ia c o u ld
b e p rin te d a n d is s u e d ."
I n
a n y
case, as
n o te d
b y
M r. Ste-
shenko and reported by The New Y ork
T im e s , " th e
u n s c h e d u le d
tran sfo rm a\u00ad
tio n
of the
c o u p o n
a p p e a rs
t o
be an
irre v e rs ib le sh o v e to w a rd th e s e p a ra tio n
of the
R u ssian
a n d
U k ra in ia n e c o n o \u00ad
m ie s."
_
A s
announced by
e x c h a n g e
r a te s
fo llo w s .
758 coupons
92 coupons
1 ,8 6 5 c o u p o n s
648 coupons
1
315 coupons
th e U k r a in ia n
N a tio n a l B a n k , th e
ofc o u p o n s for foreignc u r r e n c i e s are as
rr
=-s
100 A ustralian dollars
1 0 0 A u s tria n s c h illin g s
1 00 B ritis h p o u n d s
100 G erm an
D eutschem arken
1 ,0 0 0 B e lg ia n
fra n c s
578 coupons
102 coupons
87 coupons
872 coupons
1 ,0 0 0 c o u p o n s
239 coupons
191 coupons
733 coupons
80 coupons
3
-
s=
=s
=-
s
-
1 0 0 D u tc h g u ild e rs
1 ,0 0 0 S p a n i s h p e s e t a s
10,000 Italian lira
1 00 C a n a d ia n d o lla rs
100 U .S. dollars
100 Finnish m arkkaas
100 French
fra n c s
100 Swiss francs
1 ,0 0 0 J a p a n e s e y e n
O n
F e b ru a ry
5 , a s re p o rte d
b y th e
K iev-based
R e s p u b lik a
p re s s
a g e n c y ,
th e N a tio n a l B a n k o f U k ra in e fo rm a lly
re c o g n iz e d th is fa c t a n d fo rth e firs t tim e
is s u e d
o ffic ia l e x c h a n g e ra te s fo r c o u \u00ad
p o n s w ith a ll m a jo r c u rre n c ie s .
The emergence
o f th e c o u p o n
as a
n a tio n a l
c u rre n c y
i n
U k ra in e
g o e s
a g a in s t
th e
s ta te d
w ishes
of W estern
g o v e rn m e n ts a n d
of the
In te rn a tio n a l
M o n e ta ry F u n d . T h e N e w Y o rk T im e s
n o te d
th a t
th e
W est had
h o p e d
th a t
b e fo re th e in tro d u c tio n
o f th e h ry v n ia
as U kraine's currency, "R ussia and
U k ra in e
w o u ld
som ehow
a g re e
t o
com m on
e c o n o m ic
p o lic ie s , w ith
th e
ru b le s a s th e ir c u rre n c y ."
O n c e a g a in , h o w e v e r, p o litic a l re a lity
in
U k ra in e
h a s
c o n fo u n d e d
W estern
w ish fu l th in k in g a n d p o litic a l re a lis m in
R u ssia
has been first to
a c k n o w le d g e
U k ra in ia n
p o litic a l re a litie s . T h e
o ffi\u00ad
cial agreem ent reached
b e tw e e n
U -
k ra in e a n d
Russia on February
17, in
th e
c o n te x t
o f
a
g e n e ra l
c o n fe re n c e
U k r a in ia n W e e lcn
F O U N D E D
1 9 3 3
A n
E n g lis h -la n g u a g e
U k r a in ia n
n e w s p a p e r
p u b lis h e d
b y
th e
U k r a in ia n
N a tio n a l
A s s o c ia tio n
In c., a
n o n -p r o fit
a s s o c ia tio n , a t
3 0
M o n tg o m e ry
S t., J e r s e y
C ity ,
N .J .
0 7 3 0 2 .
S e c o n d -c la s s
p o s ta g e
p a id
a t J e rs e y
C ity , N .J . 0 7 3 0 2 .
(IS S N
-
0 2 7 3 -9 3 4 8 )
Y e a r ly
s u b s c r ip tio n
r a te : S 2 0 ; fo r
U NA
m e m b e rs
-
S 1 0 .
A ls o
p u b lis h e d
b y
th e
U NA: Svoboda, a
U k r a in ia n -la n g u a g e
d a ily
n e w s p a p e r.
T h e
W e e k ly
a n d
S v o b o d a :
(2 0 1 )4 3 4 -0 2 3 7 ,-0 8 0 7 ,-3 0 3 6
UN A :
(2 0 1 ) 4 5 1 -2 2 0 0
P o s tm a s te r , s e n d
a d d re s s
c h a n g e s to :
T h e
U k r a in ia n
W e e k ly
P .O .
Box 346
J e rs e y
C ity , N .J . 0 7 3 0 3
E dito r-in -c hief:
Rom a
H adzew yc z
A sso c ia te ed ito r:
M a rta
K o lo m a yets (K iev )
A ssistant edito r:
K hristin a
L ew
E d ito ria l a s s is t a n t
T a m a ra
T ersha k o v ec
T he
U k ra in ia n
W
e e k ly ,
F e b ru a ry
2 3 ,
1 9 9 2 ,
N o . 8 , V o l.
L X
C o p yrig ht
1 9 9 2
b y
T he
U k ra in ia n
W
e e k ly
Leave a Comment