Friday, September 21, 2007
I’d thought we would end the week with our first entry of many concerning Ukrainian business. Ukraine wants to join the EU, the EU wants Ukraine to join, so what are the things delaying this important thing from happening? Firstly, Ukraine must gain entry to the WTO. There are theories why this hasn’t happened yet, one of which is Russia doesn’t want them to until Russia joins and is using their influence with Ukrainian politicians to prevent this. This is a developing story and even though Ukraine has been trying to join the WTO for years, it could possibly happen within the next 6 months to a year. Once that occurs, joining the EU on an official or a partial basis should be fairly speedy as it is a goal both sides want. We will have more on specific industries and stocks that will benefit from this, but it should not be underestimated the impact this will have upon Ukrainian business.
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2 comments:
Ukr is a mess and there is "no light at the end of tonnel"
Make amends
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