2014 

Seimas has ratified the EU Association Agreements with Ukraine, Moldova and Georgia


Press release, 8 July 2014

 

Pursuant to a special urgency procedure, the Seimas has almost unanimously ratified the Association Agreements between the European Union and the European Atomic Energy Community and their Member States, of the one part, and Ukraine, Georgia and Moldova, of the other part (draft laws No XIIP-1982, No XIIP-1983, and No XIIP-1984).

 

Signed in the margins of the European Council meeting on 27 June 2014, the Association Agreements with Georgia, Moldova and Ukraine are ambitious, deep and comprehensive cooperation instruments of a new generation to deepen political and economic relations between the EU, on the one part, and Ukraine, Georgia and Moldova, on the other part, and to gradually integrate these countries into certain segments of the EU common internal market thus creating a deep and comprehensive free trade area. On behalf of Lithuania, the agreements have been signed by its President Dalia Grybauskaitė in Brussels.

 

The agreements provide for the following general goals of association: to promote gradual rapprochement among the parties to the agreements on the basis of common values; to strengthen the framework for a deeper political dialogue; to promote, preserve and strengthen peace and stability in the region and internationally; to create conditions for closer economic ties; to consolidate the principle of the rule of law and respect for human rights and fundamental freedoms; and to enable closer cooperation in other areas of mutual interest. The focus is on the essential reforms based on common values, economic recovery and growth, good governance and sectoral cooperation in 28 areas, including public administration reform, energy, transport, environment, health, consumer protection, education, youth, culture and others.

 

Linas Linkevičius, Minister of Foreign Affairs, stressed that these agreements would not only enable the countries to immediately undertake certain reforms, but they would also bring economic benefits to those countries in the long run (though certain challenges were expected in the near future) and to the whole European Union because of the significantly enlarged market and undoubtedly enhanced opportunities.

 

In 2013 Lithuanian exports to Ukraine amounted to LTL 2.93 billion (3.45 per cent of the total Lithuanian exports, i.e. 9th place on the list of Lithuania’s export partners), while imports from Ukraine were valued at LTL 0.76 billion (20th place on the list of Lithuania’s import partners). Ukrainian direct investment in Lithuania represented LTL 26.58 million (33rd place in respect of direct investment), whereas Lithuanian direct investment in Ukraine was LTL 154.93 million (9th place in respect of Lithuanian direct investment abroad).

 

Currently Lithuania conducts a small-scale trade with Georgia and Moldova and has a positive trade balance. In 2013 Lithuanian exports to Georgia stood at LTL 96.50 million and imports from Georgia amounted to LTL 52.60 million. Lithuanian exports to Moldova represented LTL 107.03 million, while imports from Moldova were valued at LTL 37.48 million.

 

 

Rimas Rudaitis, Public Relations Unit, Communications Department, Office of the Seimas,

tel. +370 5 239 6132, e-mail: [email protected]


Last updated on 2014-07-08

by Rimas Rudaitis


© Office of the Seimas

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