Ukraine signed a sweeping economic and trade agreement with the European Union on last Friday, finally completing a trade deal that plunged it into a revolution and ongoing conflict with its closest neighbour, Russia. The deal would remove tariffs on around 98 per cent of the goods traded between Ukraine and the EU, and could begin the process of reviving its moribund economy, reports CBC News.
“The question is the modernization of the whole economy,” said senior research fellow of the Razumkov Centre Volodymyr Sidenko. “Without institutional change, all the trade and investment will not be very efficient.”
“After several failures to …read more
Source: Razumkov Centre