“Our dialogue today touched on a broad spectrum of issues, ranging from regional developments to the numerous reforms recently implemented in the economic, energy and financial spheres,” the President said in remarks after the meeting, saying they had looked forward to the EU-Ukraine Summit of 22 November, which would be a good opportunity to review the progress in relations.
In a separate speech to a conference on Ukraine in Brussels, European Commissioner for Enlargement and Neighbourhood Policy Štefan Füle spoke of Ukraine’s “enormous” economic potential: “realizing this potential is not just about spending public money,” he said: “it depends on securing investment and encouraging companies to be creative and competitive, ready to take risks confident in the knowledge that they do so within a stable and predictable legal environment.”
In his speech, entitled ‘Ukraine: from crisis to growth - economy, investments, markets’, he said the EU-Ukraine Association Agreement had an enormous potential in this regard. “It will take forward the economic reform agenda… It offers the prospect of a gradual opening of the EU’s internal market of 500 million consumers to Ukrainian businesses and investors - a market 10 times larger than any of Ukraine’s other neighbours. The Agreement will also assist Ukraine in exploiting that market and in securing the investment needed to make sustainable growth a reality.”
It was important to set aside short-term considerations, he said: “By using the transformative potential of the Association Agreement, we will ensure that we achieve our common goals of growth and prosperity.”
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