"The EU grants Ukraine large sum of money for the successful fulfillment of the EU-Ukraine plan. The sum will be increased to $100 million by 2006," stated the head of the Directorate of external Relations of the European Commission, David Lipman.

According to his words, the participants of the summit will conduct negotiations concerning the agreement on free trade area and the liberation of the visa-regime for Ukrainian citizens, Interfax-Ukraine informs.

In response to journalists’ questions about the influence of Ukrainian membership in Common Economic Area (CEA) on the agreement, Lipman states that Ukraine has the right to trade with any country it wants. But due to cooperation with the EU, Ukraine will be able to pick out the preferences.

Lipman also reminded, that Ukrainian government stated not to share some of its commissions with CEA and not to take part in Custom Union and Monetary Union.

"We appreciate Ukrainian position concerning these questions," said David Lipman.

Concerning the visa-regime, Lipman expects the European Commission to get the mandate of the EU members before the beginning of the summit.

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