President of Ukraine

Ukraine completely fulfills demands on reform implementation - Ukrainian President met with Vice-President of the European Commission

13 December 2018 - 16:04

Ukraine completely fulfills demands on reform implementation - Ukrainian President met with Vice-President of the European Commission

During a meeting with the Vice-President of the European Commission on Euro and Social Dialogue, Financial Stability, Financial Services and Capital Markets Union Valdis Dombrovskis, President of Ukraine Petro Poroshenko discussed the implementation of reforms in Ukraine and the support of the European Union for the Euro-Atlantic development vector of our country.

In the course of the joint press conference with the Vice-President of the European Commission, the Head of State noted that Russia is afraid of the unity and solidarity of the world with Ukraine in countering Russian aggression and the struggle to protect our independence and territorial integrity.

"Putin hates European success of Ukraine. This is an additional motivation for us to be more resolute in the reforms, the return of Ukraine to the family of European nations. We very much appreciate the position of the European Commission, the Vice-President that the door for Ukraine should remain open," Petro Poroshenko emphasized.

The President thanked for the decision to provide another tranche of macro-financial assistance to Ukraine. "This symbolizes the support for Ukraine in difficult times and will contribute to financial stability. This, as well as the future decision of the IMF, will provide additional confidence to investors who are planning to come to Ukraine," he said.

"This is a recognition of the progress of Ukraine on the path of European transformation. I want to confirm that we are working hard to make it happen. We have met all 6 conditions on reforms for the allocation of the first tranche. After the assessment mission, the EU has made this decision. Today, we discussed the next steps required for the second tranche," Petro Poroshenko emphasized.

The Head of State said that during the talks the issue of implementation of the Association Agreement was discussed, which is a powerful boost for reforms. "Ukraine is determined to move forward in the context of the reform agenda. As Head of State, I am fully committed to this reform program. I am proud to be the leader of reforms and we do our best to implement them in the best way possible," the President said.

Petro Poroshenko also noted that the time has come to set new pragmatic goals in relations between the EU and Ukraine. "Over the past month, Ukraine has put forward concrete proposals to deepen sectoral cooperation in the areas of the digital market, the energy market, justice, freedom and security. We believe that this is possible and we count on the support of our partners, because Ukraine's success is a success of the whole EU, the whole European family," the President added.

Vice-President of the European Commission Valdis Dombrovskis, in turn, noted that since the Revolution of Dignity, a lot has changed in Ukraine, but many aspirations still have to be achieved. "In recent years, many of the reforms demanded by Ukrainians have taken shape and we want Ukraine to succeed in this, in spite of difficulties and obstacles," he added.

The Vice-President of the European Commission noted that the EU has provided 500 million euros of macro-financial assistance this week. "This is not only a solidarity gesture, but also a sign that Ukraine completely fulfills the requirements on reforms," Valdis Dombrovskis said.

"The implementation of these reforms is aimed at combating corruption, reforming corporate governance, better managing of public finances. We hope that this support will help the Ukrainian authorities stabilize the economic and financial situation, as well as implement further reforms. It will also provide investors with confidence in the future of Ukraine,” he added.

"I want to thank you personally, Mr. President, for your commitment to reforms. I wish you and the Ukrainian people peace and prosperity in 2019," the Vice-President of the European Commission noted.

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