EU support to Ukraine in rule of law
January 20, 2020
Ukraine is a priority partner for the EuropeanUnion. The signature of the Association Agreement, including a Deep and Comprehensive Free Trade Area (AA/DCFTA) in 2014 opened a new chapter in EU-Ukraine relations. Implementation of the Agreement means closer political and security cooperation and Ukraine’s gradual economic integration in the EU Single Market. The Agreement also offers a roadmap for Ukraine’s reforms, including the introduction of European standards and best practices, bringing Ukrainian and EU citizens closer together and empowering Ukrainian companies to compete in European and global markets. To assist Ukraine in this endeavour, the EU and European Financial Institutions have mobilised over EUR 13 bln in loans and EUR 2 bln in grants since 2014 to stabilise Ukraine’s economy, to support comprehensive reforms and to help improve the lives of its citizens.