12:43 12.05.2015

European Commission to provide EUR 150 mln to Ukraine, Georgia, Moldova for DCFTA

1 min read
European Commission to provide EUR 150 mln to Ukraine, Georgia, Moldova for DCFTA

EU Commissioner for European Neighborhood Policy and Enlargement Negotiations Johannes Hahn has said he is convinced that the EU must help Ukraine, Moldova and Georgia implement the Deep and Comprehensive Free Trade Area (DCFTA) Agreement.

"It is now important that we have to prepare the country and the business community, particularly small and medium entrepreneurs to help them better respond to the Deep and Comprehensive Free Trade Area Agreement with all the requirements," he said at a briefing in Brussels.

"We offer more aid to those countries which have a Deep and Comprehensive Free Trade Area Agreement with the EU; it is the three countries, which will be provided by EUR 150 million for grants. That loan will be transferred to Georgia, Moldova and Ukraine," he said.

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