Contents tagged with free trade area

  • The EU will increase trade quotas for Ukraine

    The Committee of Permanent Representatives of the EU member states agreed on preliminary agreements reached regarding inter-institutional negotiations with the EU Council and the European Commission on trade standards for Ukraine, as stated on Wednesday after the meeting of the Committee in Brussels, according to UNIAN.

    On June 20th, a version of trade preferences, on which a compromise was reached, was supported by the Committee of the European Parliament on international trade. This issues …

  • Moscow to sue Kiev over $3 billion debt

    The Russian Ministry of Finance has declared that Kiev is in a “state of default”, and that Moscow is taking legal action against Ukraine. The $3 billion Eurobond debt owed to Russia was loaned during the reign of former president Viktor Yanukovich in 2013 under the stipulation that Ukraine forgo any steps towards European integration, namely the ratification of the Ukraine–European Union Association Agreement.

    Russian authorities have contacted the Law Debenture Corporation and initiated the …