European Commission President Ursula von der Leyen is prepared to stretch EU rules to the "breaking point" to guarantee Ukraine's access to the Single Market, The Telegraph reported, citing a senior EU official.
While the EU would decide which sectors to open and which to restrict, a key focus would be Ukraine's defense industry, which already supplies 55% of its army's weapons, including advanced drones, according to The Telegraph.
Ukraine aims to align its banking and insurance sectors with European Union regulations by 2028 as part of its bid to join the bloc, despite the challenges posed by Russia's ongoing invasion, National Bank of Ukraine Governor Andriy Pyshnyi told Reuters in an interview. Ukraine's banking
Ukraine's Economy Ministry is preparing an official request to the European Commission to start formal talks on postponing the introduction of the Carbon Border Adjustment Mechanism (CBAM) for the war-torn country, The Odessa Journal reported on Wednesday, citing Ukraine's Deputy Minister of Economy and Trade
The European Union (EU) could temporarily reintroduce tariffs and quotas in its agricultural trade with Ukraine if a new deal is not ready to start when the war-related tariff breaks end on June 5, Reuters reported on Wednesday, citing unnamed diplomats.
