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Russia to publish the details on the negotiations on the EU-Ukraine FTA agreement

Russian First Deputy PM Igor Shuvalov wants to publish the details of the negotiations on the EU-Ukraine FTA agreement as a proof of Moscow’s flexibility in the talks
Russia to publish the details on the negotiations on the EU-Ukraine FTA agreement

Russian First Deputy PM Igor Shuvalov wants to publish the details of the negotiations on the EU-Ukraine FTA agreement as a proof of Moscow’s flexibility in the talks, Joinfo.ua reports with reference to Sputniknews.

Yesterday, another round of talks regarding Russia’s concerns about the EU-Ukraine free trade agreement was fruitless.

Russian Minister of Economic Development Alexei Ulyukayev said that Ukraine and the EU were not prepared to meet Russia’s concerns halfway. Thus, the Russian Federation cancels the FTA with Ukraine and put food embargo into force from January 1, 2016.

“But we see unequivocal unwillingness of partners from the EU and Ukraine to take into consideration Russia’s concerns about the Association,” – said Ulyukayev.

In turn, the EU Trade Commissioner Cecilia Malmstroem said after three-way talks in Brussels on Monday that “there was no agreement, so this exercise is now over.”

Malmstroem said “there was not enough flexibility on the Russian side” during what was the 22nd round of talks between the three sides over almost 18 months.

Thus, Shuvalov told reporters : “We agreed with [Russian] Minister of Economic Development [Alexey Ulyukaev] that we will provide full access to both media representatives and experts to the information on the progress of the negotiations with the European Union and Ukraine”.

Shuvalov, who mentioned plans to disclose a draft Russian-EU-Ukrainian memorandum as well, labeled the accusation that Moscow had abandoned the three-way talks as “false and cynical.”

“You will be able to see for yourselves what I have said,” he remarked.

Moscow has said that should Ukraine benefit from preferential trade rights within the Commonwealth of Independent States (CIS) in parallel to being part of a trade free area with the EU, the Russian market would be at risk of being flooded with European goods.

It should be recalled that Russian Ministry of Economic Development estimated the losses due to the introduction of a free trade area between Ukraine and the EU to amount to $3.5 bln.

On December 16, Russian President Vladimir Putin signed a decree on the suspension of the free trade area agreement with Ukraine.