1、 Directorate-General for External Policies of the Union Policy Department for External Relations Authors:Wolfgang IGLER and Lorenz KRAMER(intern)PE 639.321 EN BRIEFING 1 April 2022 EU-Ukraine trade and investment relations and the impact of Russias war The EU-Ukraine Association Agreement is the mai
2、n tool for bringing Ukraine and the EU closer together:it promotes deeper political ties,stronger economic links and the respect for common values.The Agreement was negotiated between 2007 and 2011,signed in 2014,and entered into force on 1 September 2017 after unanimous ratification by EU Member St
3、ates.The Association Agreement includes a Deep and Comprehensive Free Trade Area(DCFTA)between the EU and Ukraine that has been provisionally applied since 1 January 2016.By 2020,the EU had become Ukraines most important export market and principal source of imports,dwarfing Ukraines second partner
4、China and placing Russia a distant third.Since the Russian Federation launched its military invasion of Ukraine on 24 February 2022,EU-Ukraine trade and investment relations have started to experience constraints,with some European(car)manufacturers reporting disturbances and temporarily halting pro
