1. Ukraine-EU Deep and Comprehensive Free Trade Area as Part of Eastern Partnership initiative.
- Author
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Vošta, Milan, Musiyenko, Svitlana, and Abrhám, Josef
- Subjects
CUSTOMS unions ,INTERNATIONAL economic relations - Abstract
The article analyzes The key issues of bilateral cooperation between The EU and Ukraine in The framework of The Eastern Partnership initiative. Special attention is paid to political and economic components of this interaction, and in particular – good governance, signing of association agreements and formation of Deep and Comprehensive Free Trade Area (DCFTA).The results of The research show that even despite The pressure from Russia’s side and EU’s high dependence on energy import from Russia, The EU has demonstrated its wiliness to support Ukraine in stabilizing its economy, encouraging judicial, political and economic reforms and further economic integration with The EU. Ukraine, in its turn, has also demonstrated its interest in intensifying cooperation with The EU and, comparing to other EaP countries, has demonstrated The highest results in The areas of political dialogue, trade and economic integration. However, turbulent and unpredictable political situation in Ukraine is negatively affecting The cooperation between Ukraine and The EU: Ukraine’s trade performance and signing DCFTA with The EU has been negatively affected by war conflict with Russia, which caused not only economic slowdown, falling commodity prices, high inflation, but has also negatively affected Ukrainian exporters’ ambitions and innovation development due to worsening investment climate in The country. [ABSTRACT FROM AUTHOR] more...
- Published
- 2016
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