The EU-Ukraine Association Agreement is a treaty that will significantly deepen political and economic ties between the signatories with a long-term perspective of closer political association and economic integration. It commits the EU and Ukraine to work together to harmonize policies, legislation and regulation in several areas, including political cooperation and foreign and security policy, justice, freedom and security, trade and trade-related matters, economic and sector cooperation, and financial cooperation with anti-fraud provisions.
Specifically, the Association Agreement will have significant benefits for Ukraine, including better protection of consumers; lower prices and better-quality products; more business opportunities for small and medium enterprises through a wider opening of markets; more jobs and less emigration; better access to improved health services; more efficient use of energy and the development of renewable energy sources; a better functioning judiciary sector; and strengthened rule of law and increased transparency.
The Prime Minister used the opportunity to once more call on all parties to respect President Petro Poroshenko’s peace plan and to negotiate in good faith with the government in Kyiv to permanently end the fighting. He also called on President Putin to stop interfering in Ukraine’s sovereignty, including halting the movement of weapons and fighters across the border.
- See more at: http://pm.gc.ca/eng/news/2014/06/27/pm-welcomes-signature-historic-eu-ukraine-association-agreement#sthash.GEWXKMsx.dpuf