Association Agreement Between Ukraine and EU: Long-Term Opportunities for Cooperation and Risks of Free Trade Area (FTA/DCFTA)+

Abstract

The consequences of the implementation of the Association Agreement between Ukraine and the EU were outlined. The main of them were the participation of Ukraine in the FTA+ as a unique model of intensive access to European markets, the prospect of attracting foreign investment into the Ukrainian economy, achieving positive effects of reforms. The basic parameters of the Agreement as the potential for cooperation in trade, comprehensive regulation of the international movement of production factors, mutual solution of economic, social and environmental interests of the EU and Ukraine were determined. FTA+ risks for certain sectors of domestic economy were analyzed and ways to minimize them, priority allocation of state efforts to strengthen the competitive position of the main types of goods and services were outlined.