Adjustments will take 10 years
Adaptation of Ukrainian technical regulations to the EU requirements will cost Ukraine € 165 billion over 10 years, said Prime Minister of Ukraine Mykola Azarov, the press service of the Cabinet reports.
«The Association Agreement has comprehensive nature and is quite challenging for Ukraine. For example, adaptation of technical regulations in Ukraine over 10 years would require about € 165 billion. This is a huge job. We need to reconfigure our entire economy to new standards», Azarov said.
Members of the European Parliament, in turn, noted that the Vilnius summit is a unique opportunity for Ukraine’s integration into the EU. «Vilnius summit for all of us is a unique opportunity», said eurodeputy Annemie Neyts-Uyttebroeck.