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 Reporter October 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Port Firm Fined £650,000 for Health, Safety Breach

A port operator has today (Monday 29 September) pleaded guilty to health and safety breaches, following the deaths of three crew members of a tug which capsized on the River Clyde in 2007.

IMO Takes Step Towards Electronic Certificates

In the future, the IMO member States should accept the use of electronic certificates. This is the request of the Facilitation Committee (FAL) and, hence, the road is paved for less paperwork,

K-Line to Plead Guilty to Price Fixing

Kawasaki Kisen Kaisha Ltd. (K-Line), a Japanese corporation, has agreed to plead guilty and to pay a $67.7 million criminal fine for its involvement in a conspiracy to fix prices,

Energy

Louisiana to Get Natural Gas Liquefaction and Fueling Facility

Tenaska Bayou LNG expected to meet growing marine, transportation and oil and gas exploration and production demand on the Gulf Coast Tenaska NG Fuels, LLC and Waller Marine, Inc.

ABB WinsTunisia's Gas Treatment Plant Bid

ABB, the leading power and automation technology group, has been awarded a $216 million contract to deliver a gas treatment plant to the South Tunisian Gas Project (STGP).

GasLog Closes First Option Vessels Dropdown

GasLog Ltd.  announced today the closing of the sale of two modern liquefied natural gas (“LNG”) carriers, the Methane Jane Elizabeth and Methane Rita Andrea,

News

NY Harbor Supply & Distribution Fall Reception/Buffet

More than 600 attendees are expected at the 52nd annual New York Harbor Supply & Distribution Fall Reception/Buffet for the energy and energy related industries

Kounalakis Joins OW Bunker N. America

OW Bunker, a reseller and physical supplier of marine fuels, announced the appointment of Georgia Kounalakis to its physical supply operation in North America.

Louisiana to Get Natural Gas Liquefaction and Fueling Facility

Tenaska Bayou LNG expected to meet growing marine, transportation and oil and gas exploration and production demand on the Gulf Coast Tenaska NG Fuels, LLC and Waller Marine, Inc.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2321 sec (4 req/sec)