José Manuel Barroso, President of the EC, Günther Oettinger, Member of the EC in charge of Energy, and Štefan Füle, Member of the EC in charge of Enlargement and European Neighbourhood Policy, participated in the 16th EU/Ukraine Summit with Viktor Yanukovych, President of Ukraine. Herman van Rompuy, President of the European Council, was also present. Political association and economic integration through a new Association Agreement was one of the main topics on the Summit's agenda. This agreement would bring concrete benefits to both EU and Ukraine's citizens, give Ukraine greater access to the world's biggest internal market and bring significant benefits in terms of increased trade, investment and real economic modernisation. Leaders also addressed energy relations, a visa liberalisation action plan, and other regional and multilateral issues.
During the joint press conference José Manuel Barroso expressed his satisfaction with Ukraine's unequivocal commitment to seizing the opportunity to pursue genuine reforms and to uphold democratic values. He added that he looked forward to concrete action being taken in the changes in the electoral code, overall political and economic reforms and decisive action on the issue of selective justice.
A Macro-Financial Assistance package of €610 million to support Ukraine's balance of payments over the following years was also agreed during the Summit.