Business news from Ukraine

Business news from Ukraine

EU-UKRAINE SUMMIT TO BE HELD IN BRUSSELS ON NOVEMBER 24

10 October , 2016  

KYIV. Oct 10 (Interfax-Ukraine) – The 18th EU-Ukraine summit will be held in Brussels on November 24, the press service for the Council of the European Union said.

“On Thursday 24 November Donald Tusk, President of the European Council, will host the 18th EU-Ukraine summit. He will represent the EU together with Jean-Claude Juncker, the President of the European Commission. President Petro Poroshenko will represent Ukraine,” a report posted on the website of the Council of the European Union on Monday said.

According to the report, the leaders will discuss liberalization of the visa regime between Ukraine and the EU, implementation of the Minsk agreements, and the agenda of reforms and anti-corruption measures in Ukraine.

According to earlier reports, the next annual EU-Ukraine summit was to be held in May 2016, but the parties agreed to reschedule it to fall 2016. The reason for the rescheduling was the two parties’ wish to deliver specific results by this event.

Specifically, the parties expect to be able to make particular statements at the summit regarding the visa-free regime for Ukraine, and also the prospects of further ratification of the association agreement between Ukraine and the EU. In addition, Ukraine was given an opportunity to conduct key reforms within the framework of its cooperation with the IMF, including those that open up the way to macroeconomic assistance from the EU.

Ukraine expects the EU-Ukraine summit to result in the adoption of a joint bilateral document reflecting issues that concern Ukrainian society such as the visa-free regime, the prospects of enactment of the association agreement, the continuation of the sanctions against Russia, the prospects of macro financial assistance from the EU, and also agreements on common airspace.