Currents

European Union signs landmark association agreement with Ukraine

Ukraine's Prime Minister Yatsenyuk talks to reporters while leaving a European Union leaders summit in Brussels

The European Union and Ukraine signed the core elements of a political association agreement on Friday, committing to the same deal former president Viktor Yanukovich rejected last November, a move which led to his overthrow.

Ukrainian Prime Minister Arseny Yatseniuk, EU leaders Herman Van Rompuy and Jose Manuel Barroso, and the leaders of the bloc’s 28 nations signed the core chapters of the Association Agreement on the sidelines of an EU summit in Brussels.

The deal commits Ukraine and the EU to closer political and economic cooperation, although more substantial parts of the agreement concerning free trade will only be signed after Ukraine has held new presidential elections in May.

Van Rompuy, the European Council president, said the agreement would bring Ukraine and its 46 million people closer to the heart of Europe and a “European way of life”.

[Source]

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