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    Aleksei Ulyukaev, Minister of Economic Development, attending the Cabinet meeting at the Government House, November 26, 2015

    Russian Minister Confirms Ukraine-EU Association Agreement Meeting

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    Russian Economic Development Minister Alexei Ulyukayev said that he will have meeting with EU Commissar for Trade Cecilia Malmstrom on the issue of the EU-Ukraine Association Agreement.

    NAIROBI (Sputnik) – Russian Economic Development Minister Alexei Ulyukayev and EU Commissar for Trade Cecilia Malmstrom confirmed their plans on Friday to participate in the trilateral ministerial meeting on implementing the economic part of the EU-Ukraine Association Agreement scheduled for December 21 in Brussels.

    “We have confirmed that this meeting will take place and we’ll look at the report by experts that is currently being agreed upon. Then we will define the future likelihood of the situation in line with the signing of the agreement between Ukraine and the EU,” Ulyukayev told journalists after a meeting with Malmstrom on the sidelines of a World Trade Organization ministerial conference in Nairobi.

    In 2014, Ukraine and the European Union signed an association agreement aimed at bringing Kiev and Brussels closer together, economically and politically. It seeks to create a free trade zone between Ukraine and the 28-nation bloc. Russia’s concerns over the implementation of the agreement caused the postponement of the free trade zone's implementation until 2016.

    Russia has repeatedly expressed concern over Ukraine's free trade deal with the European Union, stating this could lead to an uncontrolled flow of European goods into the Russian market.

    Earlier this week, Russian President Vladimir Putin signed a decree suspending Russia’s implementation of the Commonwealth of Independent States free trade deal with Ukraine effective January 1, 2016. The Deep and Comprehensive Free Trade Area, an economic component of EU-Ukraine Association Agreement, comes into effect on the same date.


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