Ukraine Parliament passes key decisions for EU tranche: How much Ukraine will get
Photo: session of Ukraine's Parliament (Getty Images)
Ukraine’s Parliament has passed key laws needed for macro-financial stability, European integration, and the fulfillment of its obligations to international partners, according to Prime Minister Yulia Svyrydenko.
Which laws were adopted
According to Svyrydenko, the Verkhovna Rada approved two key bills required to receive funding under the Ukraine Facility program:
- No. 14005 — on the digitalization of enforcement proceedings;
- No. 12087-d — on Ukraine’s integration into the EU energy market.
These two decisions will allow Ukraine to receive €875 million from the European Union.
Another law for an additional €440 million
Parliament also adopted in the first reading Bill No. 14412 on the principles of delineation and distribution of powers between levels of public governance. Once finally approved, it will enable Ukraine to secure an additional €440 million.
European integration and cooperation with the IMF
The Prime Minister also thanked lawmakers for supporting the European integration bill No. 12221, which will allow the start of negotiations on the ACAA Agreement (industrial visa-free regime). In addition, Bill No. 15110 on the military levy, required to continue the International Monetary Fund program, was adopted.
"The Verkhovna Rada and the Government are working as one team in the interests of the state," Svyrydenko emphasized.
Today, April 7, the Verkhovna Rada considered several important European integration bills.
In particular, parliament supported the law on the division of powers between central and local authorities (No. 14412) — one of the structural benchmarks for receiving funds under the Ukraine Facility program.
Lawmakers also approved in the first reading Bill No. 12221 on the industrial visa-free regime (ACAA), which sparked debate over maintaining national control over product certification.
At the same time, negotiations with the European Commission continue regarding the CBAM environmental levy, which is already putting pressure on Ukraine’s metallurgical exports.