Ukraine and EU conclude negotiations on association agreement.

By bne IntelliNews December 20, 2011
The association agreement between Ukraine and the European Union requires the technical preparation of the final consolidated version of the document, according to a joint statement of the Ukraine-EU summit. According to the European Council's President Herman van Rompuy a lengthy process preceded the completion of the negotiations. He also expressed the hope that Ukraine will successfully fulfill the obligations it assumed under this agreement after its signing and introduction. The negotiations on establishment of a free trade area between Ukraine and the European Union were completed in October. The talks on an association agreement between Ukraine and the European Union were completed at the level of experts in November, with the issue of granting Ukraine prospects for membership of the European Union in the preamble to the agreement - on which Ukraine insisted - remaining unresolved. The association agreement between Ukraine and the European Union was expected to be initialed at the summit, but Ukraine and the European Union later announced that this procedure was not technically ready. Moreover, Herman Van Rompuy told that a deal taking Kiev closer to membership depended on "political circumstances," citing the jailing of ex-prime minister Yulia Tymoshenko.

Related Articles

Metro Ukraine raises sales by 11% y/y to EUR 877mn in 2012.

In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more

NBU: Gross external debt of Ukraine up 2% q/q in Q4/2012

The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more

EC makes new recommendations for Ukraine.

The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss