Thursday, March 20, 2014

Ukraine moves closer to unfettered trade access to European Union

Main Summary:
- The European Union leaders and Ukraine's prime minister will sign the contract of the free trade agreement in Brussels. This agreement will allow 98% of all customs duties to be removed for Ukrainian goods entering the European Union. So it basically means that Ukraine's economy will boost up making the government more stabilized. EBcause Ukraine was near-bankrupt economy. 



4 comments:

  1. It shows that there are a significant advantages that Ukraine will get. But is there any possible disadvantages that Ukraine might get?

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  2. Wow, I was amazed that the agreement was 98% although the ratio was 6.4:3.6 I hope Ukraine improves its economic again. Are there some possibility that Ukraine might actually get disadvantages? :)

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