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EU-Ukraine Association Agreement, including a Deep and Comprehensive Free Trade Area

The political chapters of the "Association Agreement between the European Union and its Member States, of the one part, and Ukraine, of the other part" were signed at the EU Summit of 21 March 2014. Ukraine and the EU then signed the remaining sections of the Association Agreement on 27 June 2014. The agreement entered into force on 1 September 2017.

The EU-Ukraine Association Agreement replaced the EU-Ukraine Partnership and Cooperation Agreement as the legal basis and framework for EU-Ukraine relations. The AA provides for a shared commitment to a close and lasting relationship based on common values, in particular full respect for democratic principles, rule of law, good governance, human rights and fundamental freedoms.

The AA includes provisions for a Deep and Comprehensive Free Trade Area (DCFTA). The DCFTA offers Ukraine a framework for modernising its trade relations and for economic development by the opening of markets via the progressive removal of customs tariffs and quotas, and by an extensive harmonisation of laws, norms and regulations in various trade-related sectors. This will create the conditions for aligning key sectors of the Ukrainian economy to EU standards.

Articles 467-468 of the Agreement establish a Parliamentary Association Committee and describe its role.