Ukraine blames EU for bad integration pact, after ousting president who refused to seal the deal | WHAT REALLY HAPPENED


Ukraine blames EU for bad integration pact, after ousting president who refused to seal the deal

Kiev has endured trade imbalances with most of its European partners, according to the latest data from the country’s statistics agency. Ukraine is still struggling to make its domestic products meet the rigorous EU standards.

In the first quarter of the current year alone, the overall trade deficit with the European Union totaled $535 million. Europe’s number one economy, Germany, contributed most to the ever-widening gap.

Ukraine signed the controversial association agreement with the EU five years ago, shortly after the Maidan revolution brought down the government of then-president Viktor Yanukovich, who had rejected the association deal. The political part of the agreement has been in effect since September 2014 and the economic part has de-facto operated from January 2016.

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