Russia threatens to derail Ukraine's EU trade pact

22:09, 08 September 2015
Economy
329 0

Ukraine's FM Pavlo Klimkin says Russia is trying to obstruct Ukraine's EU integration plans and is likely to use economic blackmail as Ukraine has ruled out changing its EU free-trade pact, according to Ukraine Today.

"January 1 is the final date [for entry into force] of the pact,” It's an ultimate decision taken jointly by Ukraine and by the European Commission. There's no chance to influence this by the Russian side or any other side … there's no chance of changing the agreement," said Klimkin following the trilateral talks between the EU, Ukraine and Russia aimed to address Russia's claims the FTA would damage the Russian economy, Ukraine Today reports.

Russia has indicated it would introduce a trade embargo against Ukrainian products on the same day as the EU-Ukraine FTA is due to kick-in in its current form.

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