It defines a new format of relations between Ukraine and the EU on the basis of “political association and economic integration” and serves as a strategic guideline for systematic socio-economic reforms in Ukraine. If Ukraine opted for the agreement, the customs union of the Eurasian Economic Commission of Belarus, Kazakhstan and Russia would withdraw from free trade agreements with the country, said Russian presidential adviser Sergei Glazyev. [193] On 21 November 2013, a Ukrainian government decree suspended preparations for the signing of the agreement, which was to be signed at an EU summit in Vilnius from 28 to 29 November 2013, and it was not signed. [h] [50] [58] [59] [60] [63] [64] [67] [79] The decision to organize the signing of the Association Agreement led to the Ukrainian revolution in 2014. [72] [199] Negotiations took place in March 2007 for a new comprehensive agreement to replace the previous PARTNERSHIP and cooperation agreement BETWEEN the EU and Ukraine under the EU-Ukraine Action Plan. At the EU-Ukraine summit in Paris in September 2008, the parties agreed that the new expanded agreement would be known as the Association Agreement. The European Coal and Steel Community was established in 1952 from six Western European countries. This would lead to the European Union in 1992, as the central powers would increase and the number of members would reach 28 in 2013. The Union has a common market and in particular has the competence to conclude trade agreements. The Union has only the competence conferred on it by its Member States and, therefore, when a treaty covers areas in which it is not competent, the Member States become parties to the Treaty next to the Union. The parties will gradually establish a free trade area known as the Deep and Comprehensive Free Trade Area (ACFTA), over a maximum transitional period of 10 years from the time the agreement comes into force.
[187] This was a shining proof of a new format of relations between Ukraine and the EU on the basis of “political association and economic integration”. Prior to the final signing of the agreement on 27 June 2014, Russian government officials said that Russia could most likely increase tariffs on Ukrainian imports, with Russia being Ukraine`s largest export market, which accounts for nearly a quarter of Ukraine`s international trade. [200] However, as a result of Russian aggression against Ukraine, the EU has become Ukraine`s largest trading partner. It is also its main source of foreign direct investment (FDI). [201] The agreement requires regular summits between the President of the European Council and the President of Ukraine. Members of the Council of the European Union and the Cabinet of Ukrainian Ministers are also scheduled to meet regularly, as well as members of the European Parliament and the Ukrainian Parliament, as well as other officials and experts from both sides. 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.