The participants of the 20th Ukraine-EU Summit discussed the prospects of developing cooperation between our country and the EU. “Apart from looking at our achievements so far, today we have also tried to glance in the future of Ukraine-EU relations,” President Petro Poroshenko informed during the press conference following the Summit.
“I am grateful that today we have agreed on the vision for further deepening of relations with the EU based on sectoral integration, fully using the potential of the Association Agreement. It was my initiative presented in Kyiv at the last Summit in July,” the Head of State added.
According to him, Ukraine is committed to step up efforts to approximate legislation to that of the EU in the fields of energy, digital market, and Schengen acquis as well as to deepen customs cooperation.
“We have agreed to start practical work on this track and to come to first results by the Association Council meeting in December. I believe it will unleash extra political and economic drive to make Ukraine and the EU closer,” Petro Poroshenko said.
During the meeting, special attention was paid to the progress of Ukraine in the agenda of reforms. “I am grateful to EU leaders for objective and positive assessment of our achievements, which is reflected also in our joint Statement. It is true that during last 4 years Ukraine managed to implement more reforms than during the whole period of its independence,” the President stressed.
“I assured our European friends that we have no intention to slow down on reforms. In this context, I expressed gratitude for all the support the EU provides for reforms implementation, economic stabilisation and growth,” Petro Poroshenko emphasized.
He also welcomed the EU decision to provide Ukraine with the 4th Macrofinancial Assistance Program of 1 billion euro, which will contribute to strengthening macroeconomic stability of our country.
“We are committed to speed up the process of concluding the relevant Memorandum of Understanding in September with a view to receiving first tranche already this autumn. In combination with the IMF assistance as well as the new opportunities of the EU External Investment Plan and the potential European Plan for Ukraine we will create a solid basis for speedy economic growth of Ukraine,” the President said.
He reminded that several agreements on the EU assistance for Ukraine were signed today. Particularly, financial arrangement with the EIB for increasing road safety in Ukraine for the amount of 75 million euro, as well as three additional arrangements with the EIB to deepen our cooperation in support of SMEs, development of agricultural sphere and also municipal infrastructure.
“This is the demonstration how practical steps EU undertakes to support reforms in these very important spheres: small and medium business, road construction, municipal infrastructure, supporting decentralization reform of Ukraine,” the Head of State informed.
President of the European Council Donald Tusk emphasized that the European Union recognized a serious progress that Ukraine had made in implementing reforms. "Last year, the Ukrainian authorities initiated a series of reforms, in particular pension reform and healthcare reform, which would be difficult in the short term, but in the long run they will make Ukraine stronger. We commend the recent Law "On the Establishment of the Supreme Anticorruption Court" and we are waiting for the adoption of the amendments necessary for the functioning of the court. Anticorruption reforms should remain the priority of the agenda of Ukraine," he said.
President of the European Commission Jean-Claude Juncker also assured: "The more reforms will take place in Ukraine, the greater will be the EU assistance".