EU forges closer ties with Ukraine, Georgia and Moldova
The Association Agreements will significantly deepen political and economic ties with the EU in the framework of the Eastern Partnership. As the EU has expanded, these countries have become closer neighbours, and their security, stability and prosperity increasingly affect the EU’s. Closer cooperation between the EU and its eastern European partners is very important for the EU's external relations.
All countries also signed deep and comprehensive free trade agreements (DCFTAs) which are expected to bring many economic benefits for Moldova, Georgia and Ukraine by offering businesses access to the EU's single market– the largest in the world.
This will create business opportunities and bring higher standards of goods, better services, and increased competitiveness. The EU will work with all three partner countries' governments and businesses to bring about reforms and give assistance to upgrade goods and industries to the necessary standards.
Source: eeas.europa.eu