Russia wins concessions by getting Ukraine, EU to delay start of free-trade pact until 2016 - Kyiv Post In a concession to Russia, Ukraine and the European Union agreed delay implementation of a major trade agreement until the start of 2016, European Commission President Jose Manuel Barroso said. They also appeared to be preparing to make more concessions after the ratification of the agreement, scheduled for next week. EU Trade Commissioner Karl de Gucht said in Brussels that Ukraine, Russia and EU also agreed on extending unilateral trade preferences for Ukraine until the end of 2015 as well. They allowed Ukraine to boost exports to EU by 14 percent in the first half of this year, Barroso said. The EU member states are yet to agree to the delayed start, which Barroso called “a compromise” among Ukraine, Russia and EU during trilateral consultations. Both the Ukrainian and the European Parliament are preparing to ratify the Association Agreement, an overarching political agreement, on Sept. 16 in a synchronized session, which will be broadcast via video links, President Poroshenko announced at Yalta European Strategy conference in Kyiv.
Posted on: Sat, 13 Sep 2014 06:21:18 +0000
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