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Ukraine, EU sign five reform measure financing agreements
Journal Staff Report

KYIV, July 8 – Five documents on cooperation between Kyiv and Brussels were signed at the Ukraine-EU summit in Kyiv on Monday.

In particular, the parties signed an agreement on the financing of the second phase of the U-LEAD project in Ukraine, aimed at attracting EU assistance to stimulate the implementation of the decentralization reform, according to an Interfax-Ukraine correspondent. It is estimated that the total EU contribution under the agreement is EUR 40 million.

What is more, an agreement was signed on financing measures to support Ukraine in the implementation of key reforms and the implementation of the provisions of the Association Agreement between Ukraine and the EU in terms of the free trade area (FTA), in particular in the areas of agriculture, environment, energy, government procurement, business and investment climate, trade, labor relations. Thus, the EU's total contribution is EUR 44 million.




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