Countries and regions
The EU has negotiated a Deep and Comprehensive Free Trade Agreement (DCFTA). The negotiations were launched in 2008 and they have now been concluded.
The DCFTA will be part of a future Association Agreement, which will replace the present Partnership and Cooperation Agreement between the EU and Ukraine (which dates from 1998). The initialing of the EU-Ukraine Association Agreement took place in Brussels in March 2012, except for the DCFTA which was initialed on 19th July 2012.
Since the entire Agreement has now been initialed, the next step will be the signature of the Agreement by the Council when the conditions are met.
- The EU is among Ukraine's most important commercial partner and accounts for about one third of its external trade.
- Ukraine's primary exports to the EU are iron, steel, mining products, agricultural products, and machinery.
- EU exports to Ukraine are dominated by machinery and transport equipment, chemicals, and manufactured goods.
EU-Ukraine "trade in goods" statistics
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Foreign direct investment
|Year||Inward stocks||Outward stocks||Balance|
EU and Ukraine
Ukraine and the GSP
- Ukrainian exports to the EU are to a very large extent liberalised thanks to the Generalised Scheme of Preferences granted by the EU to Ukraine since 1993.
- In 2010, Ukraine's use of the Generalised Scheme of Preferences reached a high level of 72.2% of the eligible products.
- Ukraine ranks 12th, among the most effective users of the EU's Generalized System of Preferences.
- Preferential imports to the EU from Ukraine include machinery and mechanical appliances, plants, oils, base metals, chemicals and textiles.
The EU believes that closer economic integration - in the overall context of a political association – can be a key factor in economic growth for Ukraine.
Following Ukraine's WTO membership in 2008, the EU and Ukraine immediately launched negotiations for an agreement on a deep and comprehensive free trade area.
The future Free Trade Agreement between the EU and Ukraine will cover all trade-related areas (including services, intellectual property rights, customs, public procurement, energy-related issues, competition, et cetera) and also tackling the so-called "beyond the border" obstacles through deep regulatory approximation with the trade-related EU acquis.
The free trade area between the EU and Ukraine is designed to deepen Ukraine's access to the European market and to encourage further European investment in Ukraine.
Trading with Ukraine
- Rules and requirements for trading with Ukraine
- The EU is present on the ground in Ukraine
- Trade relations are part of the EU's overall political and economic relations with Ukraine
- Ukraine is a member of the World Trade Organisation
- Sustainable impact assessment of the EU-Ukraine Free Trade Agreement