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EU pledges 470m euros to Ukraine

3 March 2011 11:03 (UTC+04:00)
EU pledges 470m euros to Ukraine

KYIV – The European Commission on Wednesday pledged 470 million euros in financial assistance to Ukraine aimed at boosting the rule of law and good governance in the country.

The deal was signed by EU Enlargement Commissioner Stefan Fule and Ukraine's deputy prime minister, Andriy Klyuyev, Radio Liberty reported.

Klyuyev was in Brussels to discuss the negotiations of an association agreement and comprehensive free trade agreement between his country and the EU. The association agreement would deepen Ukraine's political and economic integration with Brussels.

Fule said he believes the negotiations, which started in 2008, could be concluded by the end of the year.

He also highlighted a number of issues which remain, such as electoral and judicial reforms, and issues concerning human rights.

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