16. March 2020
This is an updated version of the Report 42, which now includes Estonian trade data for 2019.
Joint Declaration of the Prague Eastern Partnership Summit on 7 May 2009 stated: “Open
markets and economic integration are essential to the sustainable economic development of
the partner countries and to underpin political stabilization.” After ten years of Partnership,
it is possible to say that the potential for trade is below the potential level. In general, the
trade between the EU and the Partnership countries is on a similar level as it was in 2008.
Looking forwards to post-2020, it is clear that further progress in trade is a crucial element
of the development of the EaP and relations with the partner countries.
Four Eastern Partnership (EaP) countries are members of the WTO – Georgia (2000), Moldova
(2001), Armenia (2003) and Ukraine (2008). Azerbaijan and Belarus are still in the midst of
their accession process. Belarus expressed the intention to conclude this process before
the 2020 WTO ministerial meeting. The absence of WTO membership means that trade
relations with respective countries have various legal and technical limits.
The European Union has concluded Association Agreements and Deep and Comprehensive
Free Trade Area agreements with Georgia, Moldova and Ukraine. Armenia and Belarus are
members of the Eurasian Economic Union, which has established its regulatory framework
in the area of trade.
During the past decade, trade between the EU and the six Eastern Partnership countries
has had its ups and downs, influenced by the global economic crisis and political tensions
like the Russian war against Ukraine in 2014.
The full report by Raul MälkESTONIAN TRADE WITH THE EASTERN 2