Russia can not unilaterally cancel a free trade area with Ukraine, as it is regulated by the agreement on free trade area within the CIS. This was announced by Ukraine’s government commissioner for cooperation with Russia, the CIS, EurAsEC and other regional associations Valery Muntiyan.
"First of all, leaving the FTA is a sovereign right of Ukraine. Secondly, the exclusion of the party from the FTA is not provided by the existing contractual framework. Third, it is not profitable either for Ukraine or Russia, or other parties to the agreement," Muntiyan said.
He recalled that the agreement on free trade area between the CIS member states was signed in October 2011. According to the document, "the termination of the contract for any of the parties is only possible only following written notice of its intention not later than 12 months before leaving".
"Therefore, the termination of the agreement and, thus, the free trade regime is possible only with the consent of the parties to this agreement. If, for example, Russia withdraws, it will lead to its rejection of the free trade regime not only with Ukraine, but also with other CIS states," Muntiyan said.
He also added that even a hypothetical withdrawal of all the three Customs Union member states does not lead to the loss of the agreement, as it was signed by eight countries of the CIS.
According to Muntiyan, the decision on withdrawal of the Customs Union member states from the free trade agreement should be taken at the level of presidents of these countries, not at the level of the Eurasian Economic Commission.
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