Ukraine’s Changes Keep Hope for Eastern Europe

Three years after dramatic events of 2014, the national economy shows first signs of re-orientation to Western and global markets. 

Economic links with Europe grow fast: dozens of factories in Western Ukraine export textiles; small businesses in Donetsk oblast, close to the war frontline, attract European investments into local ceramics or produce organic food and fertilizers; high-tech video equipment is produced in Odessa in the south; you can also find Ukrainian SMEs producing drones, small airplanes, radiation detectors, rubber boats, contemporary architecture or fashion clothes.

Thanks to EU-Ukraine free trade area, the EU-Ukraine Association Agreement’s essential part, Ukrainian businesses have easier access to EU markets, adopt EU safety standards and find EU investors and partners.

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