UBTA will help identify the needs and expectations of Ukrainian business from the revision of the EU-Ukraine Association Agreement
On July 28, 2020, the First Dialogue with Ukrainian Business on the revision of the EU-Ukraine Association Agreement was launched under the auspices of Olga Stefanishina, the Deputy Prime Minister for European and Euro-Atlantic Integration.
This dialogue is intended to help the Government formulate a mandate for future negotiations with the EU on revising the Agreement, based on the ambitious and balanced proposal of Ukrainian exporters to improve trade conditions with the EU and adapt to new regulatory trends in the EU, such as the European Green Deal.
"For the first time, business players have the opportunity to consciously and transparently assess the effectiveness of the Free Trade Zone with the EU, identify existing barriers to trade, defend their interests and increase their opportunities," said Olga Stefanishina.
The main priorities for updating the Agreement:
- revision of the Annexes to the Association Agreement - updating the list of EU legislation that needs to be adapted to Ukrainian economic legislation in order to help Ukrainian exporters adapt to the current rules of the game in the EU market;
- updating the parameters of trade in goods and services in the framework of the DCFTA - increasing exports to the EU market by removing existing barriers in the form of customs tariffs and quotas;
- qualitative adaptation of the provisions of the Agreement to such EU regulatory innovations as the European Green Deal, the new EU industrial policy, etc.
In order to form a sound and realistic position in the future negotiation process with the EU on the revision of the DCFTA, the Government of Ukraine expects to hear the relevant proposals of Ukrainian business. The dialogue between the Government and business will be structured with the help of a well-thought-out system of questionnaires of interested exporting companies, a number of sectoral consultations with relevant business associations.
The Ukrainian Business and Trade Association responded to Deputy Prime Minister Olga Stefanishina’s call to support the Government and agreed to join in building a consultation mechanism. Iryna Datsyuk and Nazar Bobytskyi, heads of the Kyiv and Brussels offices of the UBTA, joined a group of advisers to the Deputy Prime Minister, and Nazar moderated a dialogue with business on July 28. The UBTA analytical team will also make proposals to the Deputy Prime Minister's Office to organize a further business consultation process.
As Nazar Bobytskyi noted: “UBTA is pleased to provide its expertise on EU trade policy, the decision-making process of European institutions, the network of contacts of its office in Brussels to support quality preparation of Ukraine's negotiating position, finding those points of contact that will really help to interest the EU in renewing the Agreement at this turbulent time for the European economy. "
As Iryna Datsyuk, director of the UBTA Kyiv office, points out, “the success of the business dialogue with the Government on revising the Agreement depends on the preparation of an algorithm for polling producers and ensuring constant feedback between business and the Government's European integration bloc. To this end, UBTA offers the experience of its experts in the field of export promotion, a practical understanding of the needs of producers, and developed tools for cooperation with relevant government institutions, such as the Export Promotion Office at the Ministry of Economy.