Russia’s threat effect: EU postpones FTA with … – ABC Online

Russia's threat effect: EU postpones FTA with … – ABC Online

 
 
 
 

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The proposed free trade agreement between the EU and Ukraine should now until the end of next year to enter into force in accordance with EU specifications. Russia had previously threatened to impose tariffs on imports of Ukraine.

 

to shift the European Union, Russia and Ukraine have agreed, EU Trade Commissioner Karel De Gucht said on Friday.

” This leaves both parties time for comments and suggestions. “

Russia had threatened to impose tariffs on imports from the Ukraine when the Convention enters into force on 1 November. But the Ukrainian Foreign Minister Pavlo Klimkin said, the Ukraine benefit from the shift:

“This is a very important decision and we are very grateful to the EU for offering a privileged access to the European single market. This allows our company to prepare for further liberalization of trade. “

Russia’s Economy Minister Alexei Ulyukayev said that Moscow would raise tariffs on Ukrainian goods, as long as the ratification of the trade agreement between the EU and Kiev will move .

The Ukraine was signed a few months ago an agreement originally. The then President Viktor Yanukovych stopped the project but under pressure from the Russian government.