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European Union Could Share Its Solid Economic Benefits With Moldova, Ukraine And Georgia – OpEd

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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.

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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: Georgia’s 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.

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“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.

Moldova’s 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 world’s 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.

Ukraine’s President Volodymyr Zelensky hailed the news as “a unique and historic moment”, adding “Ukraine’s 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 Ukraine’s 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, we’ve 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 UN’s 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.

“We’ll see, we’ll 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 Moscow’s 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 that’s 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 Russia’s 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 Union’s 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.

Kester Kenn Klomegah

Kester Kenn Klomegah is an independent researcher and a policy consultant on African affairs in the Russian Federation and Eurasian Union. He has won media awards for highlighting economic diplomacy in the region with Africa. Currently, Klomegah is a Special Representative for Africa on the Board of the Russian Trade and Economic Development Council. He enjoys travelling and visiting historical places in Eastern and Central Europe. Klomegah is a frequent and passionate contributor to Eurasia Review.

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