Ivanna Klympush-Tsintsadze: EU financial aid will depend on reforms in Ukraine

The head of the Committee on Ukraine’s Integration with the European Union, MP from the “European Solidarity” faction Ivanna Klympush-Tsintsadze, who is in Brussels, said that Ukraine has a chance to receive a decision of the European Council on 50 billion euros of aid on February 1. Klympush-Tsintsadze also emphasized that this assistance will depend on the course of reforms in Ukraine.

“Together with Petro Poroshenko, today we had several important meetings – in particular, with the Vice President of the European Commission, Marosh Šefčovych, and with the EU Commissioner for Neighborhood Affairs and Enlargement, Oliver Vargei. It was about our expectations regarding the approval of the mechanism of financial support of Ukraine for 50 billion euros. Colleagues are cautiously optimistic about the possibility of deciding on February 1,” the deputy writes.

“At the same time, both colleagues emphasized the differences in providing new tranches of financial aid to Ukraine. This financial support will depend on how the Ukrainian state, the Government, and the Verkhovna Rada will implement the plan of Ukraine, based on which further financial assistance will be provided within the framework of the new mechanism,” explains the Chairman of the committee.

“This means that all parts of the legislative and executive power in Ukraine must be aware that this is an additional responsibility, additional high expectations from our partners, that despite the war, Ukraine will continue to reform following the declared plans and agreed with the European Union, before membership in which we strive,” Klympush-Tsintsadze writes.

“During the conversation with European Commissioner Vargei, they also discussed what the European Commission still expects from Ukraine to make an assessment and propose a framework for negotiations with Ukraine for the intergovernmental conference of the member states of the European Union. Currently, Ukraine has begun the preparatory stage for the European Commission to assess Ukrainian legislation for compliance with EU law. This is a long and large-scale process. It is important that, in this process, both sides approach their tasks as responsibly and thoroughly as possible,” said the deputy.

“In the context of fulfilling the requirements of the European Union, it is now important to work out the draft law on lobbying before the second reading. Ukraine is also expected to fulfill the conditions for ensuring the rights of national minorities, as well as real progress in the investigation of corruption crimes. I sincerely hope that we will succeed in everything!”, sums up Ivanna Klympush-Tsintsadze.