EU and Ukraine Sign Free Trade Agreement

Posted by Joseph R. Fonseca
Sunday, June 29, 2014
Free Trade Agreement-UKRAINE-CRISIS+EU

 

Friday, the European Union and Ukraine signed a historic free trade agreement, and warned there could be more sanctions to Russia unless the pro-Russian rebels in eastern Ukraine on Monday before the crisis subsided.

Ukrainian President Poroshenko returned from Brussels to Kiev shortly after his website announced that the Ukrainian army against pro-Russian separatists ceasefire extension of 72 hours, until Monday 22:00.

Poroshenko went to Brussels, and the EU signed a far-reaching trade and political cooperation agreement, then lead to the Russian threat, this will lead to "serious consequences."

Georgia and Moldova have signed a similar agreement, further closer to the EU.

Ukraine ceasefire agreement ending date is scheduled for Friday.

Poroshenko sites that extend the ceasefire period, in line with the pace of the EU deadline for the Ukrainian rebel leaders set the EU on Monday asked the Ukrainian rebels agreed to a ceasefire before verification arrangements, restitution belongs to the jurisdiction of the Kiev government border checkpoints, and release the hostages .

EU leaders said they met again stands ready to take significant sanctions against Russia. Foreign Ministry officials said they could be as early as next week, the freezing of assets for the new Russian individuals and businesses. There are already more than 60 names on their list.

Although the EU has identified a list of sanctions against Russia, but the attitude of hesitation on the implementation of sanctions, because some members worried that doing so would provoke their main energy supplier.

Ukraine, Georgia and Moldova made it clear that their ultimate goal is to join the EU, but Brussels aspect because there are not willing to further expand the EU member states to vote its pressure, so there is no commitment to allow the three countries to join. 

(Compiled clouds; revisers in Chunhong)

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

CMA-CGM and Cosco Alliance in the Offing?

The newly-formed shipping giant China Cosco Shipping Corporation and CMA CGM met recently in Shanghai to discuss the possibility of a new French-Asian alliance, say local Chinese media.

Containers to Be Weighed Before Departure

In a new measure aiming to minimize the number of shipping accidents, packed containers intended to be carried on international sea voyages must be weighed before being loaded, starting July 1, 2016.

Noncompliant Cargo Ship Banned from Australia

The 86-meter general cargo ship Noah Satu has been prohibited from entering or using any Australian ports for the second time in less than 12 months, following another round of safety,

Energy

OTC Names 2016 Award Winners

The 2016 Offshore Technology Conference (OTC) will honor this year’s Distinguished Achievement Award recipients on Tuesday, 3 May, in Houston.   As part of the

Wood Group Extends North Sea Chevron Contract

Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea. Wood Group PSN (WGPSN) will deliver

QP, Chevron Ink Offshore Moroccan Deal

Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from

News

CMA-CGM and Cosco Alliance in the Offing?

The newly-formed shipping giant China Cosco Shipping Corporation and CMA CGM met recently in Shanghai to discuss the possibility of a new French-Asian alliance, say local Chinese media.

U.S. Okays ConocoPhillips LNG Exports

The U.S. Department of Energy has renewed authorization for liquefied natural gas (LNG) exports from the North Kenai ConocoPhillips facility, reports Reuters.   The

India to Import LNG from Australia

India may contract long-term supplies of liquefied natural gas (LNG) from Australia if price is comparable to Indian coal which remains the fuel of choice for power generation companies in New Delhi.

 
 
Maritime Security Naval Architecture Navigation Offshore Oil Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0890 sec (11 req/sec)