Russia warns over EU association deals

Russia warns over EU association deals

Mon Jul 7, 2014 6:5PM GMT

Russian Prime Minister Dmitry Medvedev has warned Moldova, Georgia and Ukraine that Moscow may take protective measures if the countries approve association agreements with the European Union (EU).

Medvedev made the remarks in a meeting with Russian vice premiers on Monday, less than a week after the Moldovan Parliament ratified the free trade agreement with the European Union

The Russian prime minister said Moscow will need to consider “all the possible risks” of its trade and economic ties with Chisinau.

“Naturally, if the same path of developments is followed both in Ukraine and in Georgia, then a package of similar measures [like Moldova] will be taken, after considering the volume of trade and economic relations and the consequences for the Russian market,” Medvedev added.

Georgia, Moldova, Ukraine and the EU signed association agreements in the Belgian capital Brussels on June 27 that stipulate the creation of free trade zones with the 28-nation bloc.

In November last year, Ukraine plunged into chaos after then president Viktor Yanukovych refused to sign the agreement with the EU. The refusal triggered months of unrest and clashes, which finally led to the ouster of Yanukovych in February 2014.

The Kremlin believes that the deal can unleash a flow of European goods to Russia’s market through Ukraine and says it will take any action to protect Russian producers.

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