Rethinking the European Neighborhood Policy for Ukraine
Motivated by strategic objectives to do with the size and geopolitical significance of Ukraine, the EU opened a political dialogue with Ukraine through the signing of the Partnership and Cooperation Agreement in June 1994, in which issues such as trade, the movement of capital and the Common Foreign and Security Policy were discussed. This political dialogue was tied to conditionality clauses with regard to political and economic reform, but nevertheless Ukraine’s government felt confident that EU membership would soon be an actual prospect.