MIL-OSI Europe: Ukraine is gaining strength and moving to the European Union – President during the signing of the Agreement on macro-financial assistance to Ukraine by the EU on 1 billion euros

By   /  September 15, 2018  /  Comments Off on MIL-OSI Europe: Ukraine is gaining strength and moving to the European Union – President during the signing of the Agreement on macro-financial assistance to Ukraine by the EU on 1 billion euros

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Source: President of Ukraine

President of Ukraine Petro Poroshenko met with Vice-President of the European Commission for the Euro and Social Dialogue, Financial Stability, Financial Services and Capital Markets Union Valdis Dombrovskis. Before the meeting, the President of Ukraine took part in the ceremony of signing the Memorandum of Understanding and the Loan Agreement between Ukraine and the European Union on the Fourth macro-financial assistance scheme for Ukraine in the amount of 1 billion euro.

Prime Minister of Ukraine Volodymyr Groysman also attended the ceremony and talks.

The Head of State emphasizes that macro-financial assistance from the European Union is related to reforms, some of which have already been implemented by Ukraine. He expressed hope that in the near future the Verkhovna Rada will ratify the Loan Agreement and the Memorandum signed today.

“Ukraine is gaining strength and moving to the European Union,” the President stressed during the signing of the Agreement and thanked the EU representatives for their support in the reforms. “You are co-sponsors of the reforms implemented in Ukraine over the past 4 years,” Petro Poroshenko noted.

The President believes it is a position of true friends. “We stand together in our program of state reforms, program of bringing Ukraine back to the family of European nations,” Petro Poroshenko added.

The Head of State also thanked the Vice-President of the European Commission for yesterday’s decision of the Council of the European Union on the prolongation of sanctions against Russia as an aggressor country: “We highly appreciate the unity and solidarity of the European countries with Ukraine”.

In turn, Vice-President of the European Commission Valdis Dombrovskis said that the macro-financial assistance would contribute to further reforms of Ukraine, creation of new jobs and confidence of Ukrainian and foreign investors in the stable future of Ukraine.

During the meeting, the Head of State and the Vice-President of the European Commission discussed the implementation of the agreements reached following the Twentieth EU-Ukraine Summit, held on July 9, 2018 in Brussels, in particular the prospects for deepening sectoral cooperation in the areas of the digital market, energy, customs cooperation, ways of supporting reforms, deepening interaction to counter external interference in electoral processes in Ukraine and the European Union, as well as further advancement of the initiative of the President of Ukraine on the “patronage” of the EU member states over the cities and districts of Ukraine-controlled territories of Donetsk and Luhansk regions.

The interlocutors also exchanged views on the development of the economic situation in Ukraine and continuation of cooperation with the International Monetary Fund.

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