EU signs landmark deal with Ukraine

March 22, 2014 - 6:43:34 am
Flags similar to that of the European Union are flying over Independence Square, in Kiev, Ukraine, yesterday. 

BRUSSELS: The European Union and Ukraine signed a landmark political cooperation accord yesterday, committing to the same deal former president Viktor Yanukovich rejected last November, a decision that led to his overthrow.

Ukrainian Prime Minister Arseny Yatseniuk, EU presidents Herman Van Rompuy and Jose Manuel Barroso, and the leaders of the bloc’s 28 nations signed the core chapters of the Association Agreement during an EU summit in Brussels.

Soon afterwards, Russian President Vladimir Putin signed legislation completing the process of absorbing Crimea into Russia, defying Western leaders who say the Black Sea peninsula remains part of Ukraine. 

The deal commits Ukraine and the EU to closer political and economic cooperation, although its more substantial parts concerning free trade will be signed only after Ukraine has held a presidential election on May 25.     

Van Rompuy, the European Council president, said the agreement would bring Ukraine and its 46 million people closer to the heart of Europe and a “European way of life”. “(This) recognises the aspirations of the people of Ukraine to live in a country governed by values, by democracy and the rule of law, where all citizens have a stake in national prosperity,” he said.

Two sets of the documents were passed around the table for the EU’s leaders and Yatseniuk to sign in a solemn atmosphere. Van Rompuy and Yatseniuk then shook hands and exchanged the documents to applause, witnesses said.

Yanukovich turned his back on signing the EU agreement last November in favour of closer ties with Moscow, triggering months of street protests that eventually led to his flight from the country. Soon afterwards, Russian forces occupied Crimea, a Russian-majority region in the far southeast of the country, drawing outrage and sanctions from the United States and EU.

Yatseniuk urged European leaders to move decisively to contain Putin with economic pressure or risk the conflict — the most bitter East-West confrontation since the Cold war — spilling elsewhere into Europe.

“The best way to contain Russia is to impose real economic leverage on them,” he told reporters after the signing ceremony.

“I strongly believe ... the EU will speak in one single strong voice, defending the territorial integrity of Ukraine and protecting the EU itself because God knows what is the final destination, is it Ukraine or is it EU?”

On Thursday, EU leaders began preparations for economic sanctions if Russia expands its footprint in Ukraine, but failed to detail what measures the bloc could take.

Underscoring divisions in Europe, which have hampered its response to the crisis in Ukraine, French President Francois Hollande said late on Thursday that Kiev could count on tightening relations with the EU but not on membership.

“I have always considered that Ukraine should be associated with the EU. It couldn’t aspire to be a member of the EU,” he told reporters. Ukraine was part of the Moscow-dominated Soviet Union until 1991 and analysts say Putin considers Ukraine to be within Russia’s historical sphere of influence.

Some European policymakers have pushed the EU to open its doors to countries in the east as an incentive to reform and resist Russian pressure on those states to shun Europe. But many EU governments, wary of goading Russia with which they have had major commercial ties, are loath to so much as suggest Ukraine could one day join the bloc.    

As well as the closer political ties, the European Commission has agreed to extend nearly ¤500m ($689m) worth of trade benefits to Ukraine, removing duties on a wide range of farm goods, textiles and other imports.

Once Ukraine has a new administration and signs a free-trade agreement with the European Union, it will have unfettered access to the EU’s market of 500 million consumers.

Reuters

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