Tuesday, May 24, 2022

HomeEU affairsEU-Ukraine tighten ties over energy, innovation and air transport

EU-Ukraine tighten ties over energy, innovation and air transport

Cooperation on the strategic aspects of energy security, green transition and integration of the energy systems of the European Union and Ukraine was at the forefront of the 23rd EU-Ukraine Summit in Kyiv, Ukraine.

The bilateral agreement on Ukraine’s renewed commitment to completion of electricity and gas market reforms featured in the joint statement of the President of Ukraine, Volodymyr Zelenskyy, and the European Union’s top officials, including the President of the European Commission, Ursula von der Leyen and President of the European Council, Charles Michel.

The sides declared that they “agreed to make best use of each other’s existing energy networks and capacities, and to consult and co-ordinate, as appropriate, on infrastructure developments, which may affect interests of both Parties”.

The European Union affirmed that it will continue gas transit via Ukraine beyond 2024 and carry on with the cooperation to strengthen European energy security through modernization of the Ukrainian national gas transmission system.

The association of Ukraine to Horizon Europe, and the Euratom Research and Training Programme was also finalised during the Summit, allowing the strengthening of cooperation in science, research and innovation between the EU and Ukraine on common priorities of the twin green and digital transition.

From now on, Ukrainian researchers and innovators are able to participate in these programmes, with a budget of €95.5 billion and €1.38 billion respectively, under the same conditions as entities from EU Member States.

Another milestone achieved between the two political bodies featured signing a comprehensive air transport agreement, opening the way for a ‘Common Aviation Area’ between the EU and Ukraine. The agreement will foster market access and offer new opportunities for consumers and airlines on both sides.

With steadily growing passengers and cargo between Ukraine and the EU, Ukraine is an increasingly important aviation market for the EU. In 2019, Ukraine was the 13th largest extra-EU market with 9.8 million passengers.

Photos/ Presidential Press Office of Ukraine

Sign up to our biweekly newsletter

    Most Popular