The EU and Ukraine signed the Deep and Comprehensive Free Trade Area (DCFTA) on 27 June 2014 as part of their broader Association Agreement (AA). In April 2014, in response to the security, political and economic challenges faced by Ukraine the EU unilaterally granted Ukraine preferential access to the EU market until 31 December 2015.
To avoid further destabilisation of the country and in particular to guarantee Ukraine’s access to the CIS market under the Ukraine-Russia bilateral preferential regime, the EU in September 2014 postponed implementing DCFTA until January 2016. It is now provisionally applied.
(Source: European Commission)
For further details see
- DG Trade website on trade with Ukraine
- News Archive
- Link to CIA Fact Book on Ukraine
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