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REGIONAL COOPERATION AND ECONOMIC INTEGRATION

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<strong>REGIONAL</strong> TRADE AGREEMENTS <strong>AND</strong> <strong>REGIONAL</strong> <strong>COOPERATION</strong><br />

Committee on cooperation between Ukraine and the EU (November 2007, Brussels) a<br />

proposal as to establishment of expert consultations with a view to achieving the relevant<br />

agreement between the EU and Ukraine was made.<br />

The strategy on cooperation between the EU and Ukraine in the sphere of energy is set forth<br />

in the provisions of Memorandum on mutual understanding as to cooperation in energetic<br />

signed December 1, 2005. The memorandum embraces the following spheres of extended<br />

bilateral cooperation:<br />

1.<br />

2.<br />

3.<br />

4.<br />

5.<br />

Nuclear safety.<br />

Integration of the electric energy and gas markets.<br />

Enhancement of security of energy supply and transit of carbon dioxides.<br />

Structural reform, rise of standards of occupational safety and protection of<br />

environment in the coal mining industry.<br />

Energy efficiency.<br />

Significance of the Memorandum is in the common tasks of the EU and Ukraine energy<br />

policy which are directed on the implementation of strategic interests in the sphere of<br />

diversification and safe supply of energy resources as well as electric energy. The<br />

Memorandum also declares Ukraine’s membership in the Treaty on energy cooperation<br />

(TEC) which came into force on 1 July 2006. In July 2008 the EC won a mandate to set<br />

up negotiations in the framework of Ukraine’s preparation for its accession to the TEC.<br />

First consultations on Ukraine’s accession to the Energy community took place on 16-18<br />

September 2008.<br />

The most urgent question of Ukraine-EU cooperation today is holding negotiations on<br />

Agreement on Ukraine’s associate membership instead of the Partnership and cooperation<br />

agreement which shall include a clear prospect of a free trade zone creation between<br />

Ukraine and the EU.<br />

In comparison with the present PCA the Agreement on the association with the EU is a<br />

completely new, enhanced pattern of relations between Ukraine and the EU. The basis of<br />

political association is the convergence of Ukrainian and the EU positions on all questions<br />

on international peace and security, provision of Ukraine’s direct participation in the EU<br />

policies, agencies and programs, joint efforts as for insurance of Ukraine’s national security.<br />

The basis of economic integration is the creation of an enhanced and comprehensive Free<br />

trade zone EU-Ukraine on the grounds of the four freedoms which will lead to a stage by<br />

stage integration of Ukraine into the EU internal market.<br />

In the course of the summit agreements on the addition of provisions putting in a practical<br />

mechanism of provision by the parties of the principles of independence, territorial<br />

integrity and inviolability of boarders, as well as the obligations as to adherence of these<br />

principles for third parties, to the Agreement were achieved. Therefore the Agreement on<br />

association sets up a legal basis for a transformation of the EU into a guarantor of Ukraine’s<br />

national security, which is extremely important today in the region. Besides, this sets up<br />

the prerequisites for bringing Ukraine-EU relationship to a level of the allied practical<br />

partnership in the sphere of security.<br />

37

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