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Sergey TerehinUkrainian politician
Date of Birth: 29.09.1963
Country:  Ukraine |
Content:
Early Life and Education
Born in Ukraine, Serhiy Terehin embarked on his distinguished career with a degree in International Relations and International Law from Kyiv University in 1986. Following his graduation, he served his mandatory military service in the Soviet Army.
Economic Career
Terehin initiated his professional journey as an economist with the Socio-Economic Department of Kyiv's Oktyabrskyi District Executive Committee. From 1988 to 1991, he held various roles at Vnesheconombank USSR's Ukrainian Republican Bank, including Assistant to the Chairman of the Board and Head of the Banking Marketing Service.
Later, he served as Head of the Currency and Financial Department within the Ministry of Foreign Economic Relations of Ukraine. In 1992, he became Head of the Currency and Financial Policy Department at the Economic Collegium of the Verkhovna Rada of Ukraine (Department of Financial and Foreign Economic Policy).
Political Career
Terehin entered the political arena as a member of the Verkhovna Rada in August 1994, representing the Komsomolsk electoral district #320 in the Poltava region. During his tenure, he served as Deputy Chairman of the Verkhovna Rada Committee on Finance and Banking.
In 1997, Terehin co-founded the "Reforms and Order" party with Viktor Pynzenyk. He remained as Deputy Chairman of the ROP until 2005. In 1998 and 2002, he successfully contested electoral district #214 in Kyiv, also running on the ROP party list in the 1998 parliamentary elections.
Throughout his political career, Terehin has served as a member of the "Our Ukraine" faction and held the position of Deputy Chairman of the Verkhovna Rada Committee on Finance and Banking. Notably, he served as Minister of Economy of Ukraine from February to September 2005 under the government of Yulia Tymoshenko.
Controversial Legislation
In 2009, Terehin introduced a bill proposing the implementation of a 1% tax on internet usage in Ukraine from January 1, 2010. The bill also included a 1% tax on cable TV services, a 5% tax on cinema and theater tickets, and a tax on information carriers containing films.
The proceeds from this tax were intended to fund state commissions for theater productions, documentaries, and feature films, as well as subsidize ticket prices for state-commissioned performances. Despite projections of generating 300 million hryvnia (approximately $40 million) in 2010, the bill faced significant backlash due to its potential impact on unlimited internet tariffs.
Current Activities
Today, Terehin remains a member of the Verkhovna Rada, representing the Batkivshchyna (Fatherland) Party as a member of the VI convocation. He continues to advocate for his policies while facing opposition and criticism from various sectors of society.
