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Acaa Agreement Ukraine

While work to sign a comprehensive and comprehensive free trade agreement between Ukraine and the EU began for the first time in 1999,[188] formal negotiations between the Ukrainian government and the EU Trade Commissioner did not begin until 18 February 2008. [189] In May 2011, three issues remain unresolved in the free trade agreement: Ukrainian grain export quotas, access to the EU services market and geographical names of Ukrainian raw materials. Beyond these issues, the agreement was ready. [190] Despite these outstanding issues, Ukraine was ready to sign the agreement at present. Although Ukraine wanted stronger wording of the eu`s enlargement prospects and market access for its truckers, Ukraine had more than many other candidates at the same stage of the process. The final agreement was signed on July 19, 2012. [191] The ratification of the DCFTA was blocked by the EU due to concerns about the rule of law in Ukraine. [42] [43] [44] These include the application of selective justice and the modification of the right to vote. As a result, the role of Ukrainian oligarchs in sanctioning the agreement has also been called into question. [192] In late December, Ukrainian President Wolodymyr Zelensky signed the latest in a series of laws needed to introduce the “industrial visa-free regime” – the law on reducing pressure on companies by market supervisors. The Government hopes that the conclusion of an ACAA agreement will lead to a significant increase in exports of Ukrainian products to the EU market. According to experts` estimates, the agreement could cover up to one-fifth of all industrial products and allow the transformation of the structure of Ukrainian exports to the EU, from a structure dominated mainly by raw materials to a greater proportion of higher value-added products. This would help to revive mutual trade, whose growth has slowed every year.

While the growth rate of trade between the EU and Ukraine was 30% in 2017, it is estimated that in 2019, reciprocal trade has increased by only about 6% compared to 2018. European Council President Herman Van Rompuy added that “we must not give in to external pressure, let alone Russia.” [77] Barroso reiterated that the EU`s offer to Ukraine to sign an association agreement remained on the table. [79] [79] At the same time, President Yanukovych stated that he wanted to sign the Association Agreement at a later date, “as soon as we get to work and find solutions to economic problems, if we get the opportunity to sign a strategic partnership agreement with Russia and all that we need to do to establish normal relations between the European Union. , Russia and Ukraine… It`s our responsibility. [82] After the referendum, Dutch Prime Minister Mark Rutte said ratification would be suspended during negotiations with the other parties to find a compromise. [179] [180] In December 2016, a decision by the heads of state or government of EU member states was adopted, which presented legally binding interpretations of the agreement in order to address the concerns expressed in the referendum.