European Commissioner for Trade Karel De Gucht sees no threat from the introduction of a deep and comprehensive free trade area with the EU against Ukrainian small and medium enterprises, farmers, and the economy as a whole.
"We have opened our market. We are not trying to squeeze you. We welcome Ukraine," De Gucht said on the air of Channel 5.
According to him, nothing jeopardizes Ukrainian economy. On the contrary, it will get the rule of law and more opportunities. "I see no danger on part of Europe. Ukraine is a relatively small market against the European market so Europe has no fear of your approaching. We will not defend. On the contrary, we will give you the opportunities," he said.
"If we open our market to you, this means there will be the market with the rule of law, there will be legal certainty for small and medium-sized businesses that want to export and be active abroad. The important thing is the ability to operate in the market with legal certainty. If there is something wrong with the small and medium companies, this is the collapse for a large company. Legal framework is important for small and medium entrepreneurs to protect their rights," the Commissioner said.
In particular, he noted that according to the free trade agreement, Ukraine will be able annually export 300 thousand tons of grain to the European market.
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