The FINANCIAL — Ukraine is carrying out intense reforms across its economy and political system, while its democratic institutions have been further revitalised, says a joint report released on 13 December by the European Commission.
According to the report, Ukraine has implemented a number of reforms to curb corruption, clean up the banking system, provide energy reforms, and strengthen democracy and the rule of law.
The report also notes that Ukraine successfully met all benchmarks under the Visa Liberalisation Action Plan. In this context, the agreement reached on 7 December between the Council and the European Parliament on the suspension mechanism, paves the way for the conclusion of visa liberalisation in Ukraine.
“Ukraine has taken big steps in the last two years, under very difficult circumstances, not least the conflict in eastern Ukraine and the illegal annexation of Crimea and Sevastopol. Today’s report fully recognises this work done by the Ukrainian authorities. It is now crucial to move from passing legislation and setting up institutions to full implementation of these reforms so that Ukrainian citizens can reap the benefits. Ukraine can count on the European Union’s support moving forward,” said the High Representative/Vice-President, Federica Mogherini.
The European Union also continues to support diplomatic efforts to find a peaceful solution to the conflict in eastern Ukraine through the complete implementation of the Minsk Agreements.