European Union Could Share Its Solid Economic Benefits With Moldova, Ukraine And Georgia OpEd – Eurasia Review
European Union has, at least by territory and population, expanded as the European Council overwhelmingly decided to grant Moldova and Ukraine, with the possibility of Georgia, candidates status to join the bloc. Current, the European Union consists of 27 members and has an estimated total population of about 447 million. Moldova, Ukraine and Georgia, all former Soviet republics, will together add approximately 50.8 million to the current population of the European Union.
As former Soviet republics, the three attained their political independence and within the international laws, must be considered with respect based on the principles of their territorial integrity and national sovereignty. While the granting them their new status after official requests from them, it has indeed sparked debates especially in the Russian Federation.
European Union leaders have formally agreed to grant candidate status to Ukraine, as well as Moldova, although the two former Soviet republics face a long path before joining the bloc. Ukraine applied to join the bloc just days after the Russian invasion on 24 February, and the process from application to candidacy has gone through at record speed.
Undoubtedly the new status has opened wide, most possibly, better doors and a platform to spring up with economic development through integration into European Union. President of the European Council, Charles Michel, noted: it is a historic moment, today marks a crucial step on your path towards the European Union. Our future is together.
The official congratulated the leaders of Ukraine and Moldova. Regarding Georgia, the European Council decided to recognize the European perspective of Georgia and is ready to grant candidate status once the outstanding priorities are addressed, Michel said. Congratulations to the Georgian people, he said. A historic moment in EU-Georgia relations: Georgias future lies within the EU.
The European Commission on June 17 recommended that the summit grant a candidate status to Ukraine and Moldova. It is a symbol of hope to support the Ukrainians while the country had a long way to go before actual accession. A few days later, Speaker of Moldova Parliament, Igor Grosu, announced that Moldova ready to join new sanctions, mostly in finance and banking, against Russia.
We will show solidarity with the EU, as our status and European aspirations oblige us. Of course, we will join [any new sanctions] meant to stop the military operation. We are seeking to contribute to this goal by any diplomatic means, Grosu said following a decision by the EU.
Moldovas Deputy Prime Minister and Minister of Foreign Affairs, Nicu Popescu earlier said the East European nation could not fully join anti-Russian sanctions due to its weak economy. European Union candidate status now provides Moldova with access to worlds most developed market. It offers similar new economic opportunities to bothe Ukraine and Georgia.
In one of her warm-hearted illuminating speeches at a media briefing, President Maia Sandu emphasized: Candidate country status gives us a clear direction of our development, support on this path, and most importantly, hope. We are a small and vulnerable country, which would feel more secure when it becomes part of the European family, in which we could count on support from all members and institutions. Belonging to the EU also means access to the richest and the most developed market in the world.
Moldova, however, expects more support from the European Union to improve the wellbeing of its people and provide preconditions for developing the business environment. The situation will not change overnight after candidate status has been granted, as a lot of hard work is still ahead, Sandu said, attributing the current hardships in Moldova to the conflict in Ukraine that began late February.
Ukraines President Volodymyr Zelensky hailed the news as a unique and historic moment, adding Ukraines future is within the EU while the French President Emmanuel Macron said that the decision by EU leaders sent a very strong signal to Russia that Europeans support Ukraines pro-Western aspirations.
At least, they have joined the European family that offers practical warmth for sustainable development. Ukraine has already signed an agreement with the European Union on joining its LIFE Program, an international funding instrument for the environment and climate action, whose budget on environment protection projects for 2021-2027 amounts to 5.43 billion, Ukrainian media reported with reference to the Environment Protection and Natural Resources Ministry.
Ukrainian Environment Protection Minister Ruslan Strilets and European Commissioner for Environment, Oceans, and Fisheries Virginijus Sinkevicius signed the agreement.The ministry has over 15 concrete proposals to be transformed into relevant projects to be presented for consideration under LIFE Program.
Ukraine has received great support and colossal capabilities from the European Union for restoring not only the environment but also live nature in Ukraine. This is something for which there has always been a lack of funding. LIFE is a powerful financial tool of the participating countries. This means great confidence in Ukraine, Strilets said. This should help us develop more new projects which local businesses could be engaged with. Therefore, weve made a very important step today.
In the near future Moldova, Ukraine and Georgia have the possibility to access the benefits from the Global Gateway, a new European strategy directed at boosting smart, clean and secure links in digital, energy and transport sectors and to strengthen health, education and research systems across the world.
It is in line with the commitment of the G-7 leaders from June 2021 to launch a values-driven, high-standard and transparent infrastructure partnership to meet global infrastructure development needs. The Global Gateway is also fully aligned with the UNs Agenda 2030 and its Sustainable Development Goals, as well as the Paris Agreement.
In addition, late June the he Group of Seven economic powers the U.S., Germany, France, the U.K., Italy, Canada and Japan made some progress in bringing their counterparts from their five guest countries closer to Western views on sanctions against Russia. The G-7 is committing themselves to support the new members especially Ukraine.
Ahead of his trip, Biden authorized another US$450 million in weaponry to be sent to Ukraine, bringing the total U.S. commitment to US$6.1 billion since the start of the war. Offering a concrete template, the G-7 combined are aiming to invest US$600 billion in public and private capital for infrastructure projects over the next five years, with US$200 billion of that total coming from the United States.
According to European lawmakers interviewed by local Russian media Izvestia, this step has broad support from the EU. Meanwhile, Russia views the move ambiguously. On the one hand, it sees EU membership as tantamount to striving for NATO, on the other hand, European integration is a purely economic issue and does not raise any concerns.
Well see, well analyze the consequences, former Deputy Foreign Minister Grigory Karasin told Izvestia. The context is important; it is not as harmless as it might have seemed three years ago. Decisions are being made amid a sanctions offensive and against everything Russian, he added.
That being said, the European Union noted that obtaining candidate status is only the first step towards membership. Engin Eroglu, a member of the Committee on Foreign Affairs in the European Parliament, in an interview with Izvestia said that the process of gaining membership to the EU does not mean automatic entry, but it means that the country has started pro-European processes and reforms, which are partially financed by Brussels.
The granting of candidate status to Ukraine and Moldova has angered other countries that have been striving to join the European Union for several years now. For example, the European Commission has so far denied this status to Georgia, the newspaper writes.
Tbilisi, to put it mildly, was not happy about the refusal, but this will not be a reason for any deterioration in relations between the European Union and Georgia, Head of the Department of Integration Studies at Moscow State University of International Relations (MGIMO) Nikolay Kaveshnikov told Izvestia.
Russia consistently expresses fierce opposition to this European membership over the past several years. President Vladimir Putin had declared Ukraine to be part of Moscows sphere and insisted he was acting due to attempts to bring the country into NATO, the Western alliance that comes with security guarantees.
Granting Ukraine and Moldova candidate status to join the European Union looks like nothing more than a scam by the West, according to Russian Foreign Ministry Spokeswoman Maria Zakharova. Scam is such a wonderful word, seeing that the numerous decisions taken by the West are more like combination of a destructive, provocative nature, rather than well-thought-out steps, the diplomat said, speaking to the Sputnik Radio.
I think thats certainly their case, she added, Given these maneuvers, these zigzags that we now are witnessing from the West with regards to Moldova, Ukraine, and Georgia, it is no longer necessary to prove anything in terms of market conditions. There is a direct link between economics and politics. And this is exactly what they have always stood against. She described the actions by the European Union as infringement of Russias territorial integrity, and as encroachment on former Soviet space and territory.
On the distinctive opposite side, Russia sees no risks for itself in the fact that Ukraine and Moldova have been granted EU candidate status, Russian Foreign Minister Sergey Lavrov said at a press conference following talks with his Azerbaijani counterpart Jeyhun Bayramov on June 24 in Baku.
Our position has always been that the European Union is not a political bloc, unlike NATO. The development of its relations with any countries that wish to do so does not create any threats and risks for us, Lavrov said in reply to a media question. Of course, we will realistically consider the European Unions behavior and monitor the real steps it takes and how the candidate countries act: whether they comply with these requirements or still try to show their independence.
These new European Union members have some strategic significance. Moldova is a landlocked country in Eastern Europe. It shares borders with Romania to the west and Ukraine to the north. Ukraine, with a coastline along the Black Sea and the Sea of Azov to the south and southeast, respectively could be used for economic benefits by the European Union.
View original post here:
European Union Could Share Its Solid Economic Benefits With Moldova, Ukraine And Georgia OpEd - Eurasia Review
- Orban Loss May Ease Hungarys Tensions with European Union - The New York Times - April 14th, 2026 [April 14th, 2026]
- Statement by President von der Leyen on the impact of the situation in the Middle East on the European Union - European Commission - April 14th, 2026 [April 14th, 2026]
- Europe should fill the diplomatic vacuum on Iran - European Union Institute for Security Studies | - April 14th, 2026 [April 14th, 2026]
- European Union support for the UN more vital than ever, Security Council hears - Welcome to the United Nations - April 14th, 2026 [April 14th, 2026]
- Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology - europeansting.com European Union support for... - April 14th, 2026 [April 14th, 2026]
- The Dirty Triangle: Netanyahu, Orbn, and the European Union - TheWire.in - April 14th, 2026 [April 14th, 2026]
- Armenia and former Soviet Republics to Choose between European Union and EAEU/Eurasia Union - Pressenza - International Press Agency - April 12th, 2026 [April 12th, 2026]
- United States Joins Australia And European Union Countries in Facing Stranding Issues Due to UKs New Electronic Travel Authorisation (ETA) Rules -... - April 12th, 2026 [April 12th, 2026]
- Nearly 60% of Canadians support becoming a full member of the European Union, poll says - The Globe and Mail - April 12th, 2026 [April 12th, 2026]
- European Union Cardio-Pulmonary Resuscitation (CPR) Barriers Market 2026 Analysis and Forecast to 2035 - IndexBox - April 12th, 2026 [April 12th, 2026]
- CNN highlights Hungarys European Union-funded roundabout that goes to nowhere - Daily News Hungary - April 12th, 2026 [April 12th, 2026]
- European Union Stresses Importance of Diplomacy in Resolving Outstanding Issues in Middle East - www.saba.ye - April 12th, 2026 [April 12th, 2026]
- Kremlin: European Union countries will create their own defense alliance - www.saba.ye - April 12th, 2026 [April 12th, 2026]
- Why dont NATO and the European Union acknowledge slavery as the gravest crime? - heraldonline.co.zw - April 12th, 2026 [April 12th, 2026]
- The European Union is fully introducing the EES System - Sarajevo Times - April 10th, 2026 [April 10th, 2026]
- European Union Micro Ultrasound Systems Market 2026 Analysis and Forecast to 2035 - IndexBox - April 10th, 2026 [April 10th, 2026]
- The US ambassador to the European Union, Andrew Puzder, said the bloc's push for tech sovereignty should not focus on making others 'less competitive'... - April 10th, 2026 [April 10th, 2026]
- Interview of the Ambassador of the European Union to Albania, Silvio Gonzato, for Euronews - EEAS - April 10th, 2026 [April 10th, 2026]
- Donald Trump Jr. criticizes the European Union during a trip to Bosnia - KSAT - April 10th, 2026 [April 10th, 2026]
- European Union Non-Contact Forehead Thermometers Market 2026 Analysis and Forecast to 2035 - IndexBox - April 10th, 2026 [April 10th, 2026]
- European Union Chest Drainage Catheters And Units Market 2026 Analysis and Forecast to 2035 - IndexBox - April 10th, 2026 [April 10th, 2026]
- European Union Fixed Curve Diagnostic Catheters Market 2026 Analysis and Forecast to 2035 - IndexBox - April 10th, 2026 [April 10th, 2026]
- European Union Intracranial Stenosis Stents Market 2026 Analysis and Forecast to 2035 - IndexBox - April 10th, 2026 [April 10th, 2026]
- The weak point: Why pharmaceutical security belongs at the heart of European defence - European Union Institute for Security Studies | - April 10th, 2026 [April 10th, 2026]
- BD Delivers NextGeneration TIPS Innovation to Advance Portal Hypertension Care Across the European Union - PR Newswire - April 8th, 2026 [April 8th, 2026]
- European Union Struts Implants Market 2026 Analysis and Forecast to 2035 - IndexBox - April 8th, 2026 [April 8th, 2026]
- European Union Intravascular Stents Market 2026 Analysis and Forecast to 2035 - IndexBox - April 8th, 2026 [April 8th, 2026]
- European Union Cardiac Catheters Guidewires Market 2026 Analysis and Forecast to 2035 - IndexBox - April 8th, 2026 [April 8th, 2026]
- Donald Trump Jr. criticizes the European Union during a trip to Bosnia - Yahoo - April 8th, 2026 [April 8th, 2026]
- Donald Trump Jr. criticizes the European Union during a trip to Bosnia - AP News - April 8th, 2026 [April 8th, 2026]
- UK Joins United States, Canada, Australia, European Union and India for ETA Fee Increase and Rising Travel Costs Alert : Everything You Need To Know... - April 8th, 2026 [April 8th, 2026]
- Hungarys Orbn has long annoyed the European Union. Now some hope he faces defeat - AP News - April 7th, 2026 [April 7th, 2026]
- Hungarys Orbn has long annoyed the European Union. Now some hope he faces defeat - Los Angeles Times - April 7th, 2026 [April 7th, 2026]
- Canada in the European Union? Poll suggests broad openness to the idea - Yahoo! Finance Canada - April 7th, 2026 [April 7th, 2026]
- Armenia And Former Soviet Republics To Choose Between European Union And EAEU/Eurasia Union Analysis - Eurasia Review - April 7th, 2026 [April 7th, 2026]
- Fmc Secures Approval For Isoflex Active In The European Union, Addressing A Critical Gap In The European Herbicide Market - TradingView - April 7th, 2026 [April 7th, 2026]
- The European Union has begun to prepare for the crisis and austerity - - - April 7th, 2026 [April 7th, 2026]
- Israel: Statement by the High Representative on behalf of the European Union on the approval of the Death Penalty Bill by the Israeli Parliament -... - April 7th, 2026 [April 7th, 2026]
- Canada in the European Union? Poll suggests broad openness to the idea - CTV News - April 7th, 2026 [April 7th, 2026]
- Will Canada find its future with the European Union? - Winnipeg Sun - April 7th, 2026 [April 7th, 2026]
- European Union Cell-Culture Matrix Products Market 2026 Analysis and Forecast to 2035 - IndexBox - April 7th, 2026 [April 7th, 2026]
- Canada in the European Union? Poll suggests broad openness to the idea - Toronto Star - April 7th, 2026 [April 7th, 2026]
- Turkey Joins European Union and United States to Boost Economic Resilience with a Credit Guarantee, Aimed at Supporting Tourism and Exports Amid... - April 7th, 2026 [April 7th, 2026]
- Canada in the European Union? Poll suggests broad openness to the idea - Winnipeg Sun - April 7th, 2026 [April 7th, 2026]
- Canada in the European Union? Poll suggests broad openness to the idea - The Spec - April 7th, 2026 [April 7th, 2026]
- The European Union and Australia sign a Security and Defence Partnership - EEAS - March 24th, 2026 [March 24th, 2026]
- The European Union is facing its biggest espionage scandal since the Cold War - Atalayar - March 24th, 2026 [March 24th, 2026]
- EU Inc. making business easier in the European Union - European Commission - March 24th, 2026 [March 24th, 2026]
- European Union Pavilion Showcasing Excellence of EU Food and Beverages at FHA 2026 - Caledonian Record - March 24th, 2026 [March 24th, 2026]
- European Union and Australia agree on text of free trade pact and announce a new defense partnership - Ottumwa Courier - March 24th, 2026 [March 24th, 2026]
- European Union and Australia agree on text of free trade pact and announce a new defense partnership - Caledonian Record - March 24th, 2026 [March 24th, 2026]
- European Union and Australia agree on text of free trade pact and announce a new defense partnership - Richmond Register - March 24th, 2026 [March 24th, 2026]
- Australia, European Union agree sweeping new trade pact 8 years in the works - Dawn - March 24th, 2026 [March 24th, 2026]
- European companies tell European Union what American tech companies have been trying to: We are not truly - The Times of India - March 17th, 2026 [March 17th, 2026]
- The Delegation of the European Union to Trkiye and the Embassy of Sweden Focus on Care Policies and Womens Economic Participation - EEAS - March 17th, 2026 [March 17th, 2026]
- European Union wants Strait of Hormuz open, but some members vow not to join Iran war - whas11.com - March 17th, 2026 [March 17th, 2026]
- The European Union is interested in intelligent border management of the South Caucasus together with Azerbaijan - Aze.Media - March 17th, 2026 [March 17th, 2026]
- The European Union is interested in intelligent border management of the South Caucasus together with Azerbaijan - EU Reporter - March 17th, 2026 [March 17th, 2026]
- France's ecological transition minister Monique Barbut said the European Union should take a firmer stance against climate inaction and favour a 'more... - March 17th, 2026 [March 17th, 2026]
- The European Union will always be a reliable partner, a defender of the rules-based international order, and upholder of the United Nations Charter.... - March 13th, 2026 [March 13th, 2026]
- How close is Ukraine from joining the European Union? - EU NEIGHBOURS east - March 13th, 2026 [March 13th, 2026]
- European Union to begin negotiations on simplifying fisheries statistics - SeafoodSource - March 13th, 2026 [March 13th, 2026]
- The Union, the Star and the Eagle: EU-NATO cooperation under Trump 2.0 - European Union Institute for Security Studies | - March 13th, 2026 [March 13th, 2026]
- The Singular Threat of Lone Actors in the European Union - Small Wars Journal - March 13th, 2026 [March 13th, 2026]
- 'European Union needs a bit of a revolution: There is no European strategy or foreign policy' - France 24 - March 13th, 2026 [March 13th, 2026]
- Opinion: Pashinyan is right Armenias path to the European Union will become harder if Georgia remains in its current state - JAMnews - March 13th, 2026 [March 13th, 2026]
- DroneShield to make C-UAS systems in the European Union - Unmanned airspace - March 13th, 2026 [March 13th, 2026]
- Russia very likely to pre-emptively terminate gas sales to European Union ahead of Brussels ban, exploiting energy crisis caused by Iran conflict -... - March 13th, 2026 [March 13th, 2026]
- Council of Europe and European Union join forces to strengthen womens health and equality in sport - coe.int - March 7th, 2026 [March 7th, 2026]
- Beyond summits: The Africa-EU partnership as a priority - European Union Institute for Security Studies | - March 7th, 2026 [March 7th, 2026]
- How the European Union Supports the Fight Against Corruption in Ukraine - EEAS - March 7th, 2026 [March 7th, 2026]
- Iceland to Vote in August on Talks With European Union - Bloomberg.com - March 7th, 2026 [March 7th, 2026]
- Anticipatory effects of corporate tax shaming: evidence from the European Union - IFS | Institute for Fiscal Studies - March 7th, 2026 [March 7th, 2026]
- European Union's Spades and Shovels Market Forecast Shows Steady Growth With a 19% Volume CAGR - IndexBox - February 20th, 2026 [February 20th, 2026]
- European Union's Argon Market Forecast to Expand With a +1.6% CAGR Through 2035 - IndexBox - February 20th, 2026 [February 20th, 2026]
- European Union's Anchovy Market Forecasts Steady Growth With 04% Volume CAGR Through 2035 - IndexBox - February 20th, 2026 [February 20th, 2026]
- European Union's Vegetable Tanning Extracts Market Set for Modest Growth to 63K Tons and $282M - IndexBox - February 20th, 2026 [February 20th, 2026]
- European Union's Expanded Metal Market to Reach 185K Tons and $581M by 2035 - IndexBox - February 20th, 2026 [February 20th, 2026]
- Stop Killing Games is launching NGOs in the European Union and the US: 'We're not just going away on this' - PC Gamer - February 20th, 2026 [February 20th, 2026]
- The European Union and Nigeria launch first Peace, Security and Defence Dialogue and agree to enhance collaboration - EEAS - February 20th, 2026 [February 20th, 2026]