EU consultation Moscow over Ukraine failed trade

EU consultation Moscow over Ukraine failed trade

World December 21, 2015 20:28

BRUSSELS - Calls from the EU, Russia and Ukraine have not been successful on the imminent close trade relations between Kiev and Brussels. After eighteen years of trying to take the Russian concerns about the European-Ukrainian trade agreement road, Monday concluded that the talks have failed.

This was announced by the European Trade Commissioner, Cecilia Malmström, on Monday after a meeting with the Ukrainian Foreign Minister, Pavlo Klimkim, and the Russian Minister for Economic Development, Alexei Oeljoekajev.

The earlier trade agreement enters into force January 1. That is by the Russian objections, two years later than originally planned. The Kremlin is upset that the EU maintains sanctions against Russia and Ukraine tightens economic ties.

On Monday, the EU has confirmed that the economic sanctions against Russia be extended six months. Russia takes measures against Ukraine as a stop on imports of Ukrainian foods. The free trade between Russia and Ukraine will January 1 to exist, the Kremlin announced.

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