Ukraine, Moldova and Georgia sign free trade deal with the EU

Eastern EuropeUkraine, Moldova and Georgia sign free trade deal with the EU

Kiev: Ukraine, Moldova and Georgia sign free trade deal with the EU.

ukraine-eu

The “Association Agreement and Deep and Comprehensive Free Trade Area” (DCFTA) will replace the current Partnership and Cooperation Agreement that Ukraine and the EU signed in 1998. This is big breakthrough for EU diplomacy and political move as EU has surely disintegrated three important countries of former USSR from Russia

“These signatures will be a solemn commitment to accompany Georgia, Republic of Moldova and Ukraine each step of the way along the road of transforming their countries into stable and prosperous democracies,” said José Manuel Barroso, president of the European Commission, the EU’s executive body.

These three Russian Speaking countries are culturally, socially, historically and financially closer to Russia and Russian President Vladimir Putin was working hard to integrate Moldova and Ukraine into Eurasian Economic Union and Ukraine faced serve crises of history over this issue and disintegrated into two parts.

“EU launched Eastern Alliance strategy on 2009 and aggressively started to grab political land in former soviet Union. Ukraine is the most populous of the six countries Brussels started negotiating. It is a big breakthrough for EU and now economic uplift will consider further expansion in Eastern Europe. If Ukraine comes out of political and economic crises than other countries like Armenia and Azerbaijan can review their decisions and approach EU to join its trade union but if Ukraine does not come out of crises after joining EU trade path than Putin will be successful”, commented a former diplomat when asked about the future of EU expansion in former Soviet Union states.

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