The European Union has agreed to accord Ukraine market economy status, a move that recognises Ukraine’s reform programme and will obviously mprove the trade relations with the 25 EU member nations.:
The agreement, which will help Ukraine’s steel producers gain access to European markets without being subjected to anti-dumping measures, was announced at a meeting in Kiev between Tony Blair, the British prime minister, Jose Manuel Barroso the European commission president, Viktor Yushchenko, president of Ukraine, and other EU and Ukrainian leaders.