CHAPTER 2

MACRO-ECONOMIC COOPERATION

ARTICLE 343

The EU and Ukraine shall facilitate the process of economic reform by co-operating to improve understanding of the fundamentals of their respective economies and the formulation and implementation of economic policy in market economies. Ukraine shall strive to establish a functioning market economy and to gradually approximate its policies to the policies of the EU, in accordance with the guiding principles of macroeconomic stability, sound public finances and a
sustainable balance of payments.

ARTICLE 344

In order to achieve the objectives set out in Article 343 of this Agreement, the Parties shall cooperate to:

(a) exchange information on macroeconomic performance and prospects and on strategies for development;

(b) analyse jointly economic issues of mutual interest, including economic policy measures and the instruments for implementing them, such as methods for economic forecasting and
elaboration of strategic policy documents, with a view to strengthening Ukraine‘s policy-making in line with EU principles and practices;

(c) exchange expertise in the sphere of macro-economy;

(d) cooperation will also include exchange of information concerning the principles and functioning of the European Economic and Monetary Union (EMU).

(..)

TITLE VI

FINANCIAL COOPERATION, WITH ANTI-FRAUD PROVISIONS

ARTICLE 453

Ukraine shall benefit from financial assistance through the relevant EU funding mechanisms and instruments. Such financial assistance will contribute to achieving the objectives of this Agreement and will be provided in accordance with the following Articles of this Agreement.

ARTICLE 454

The main principles of financial assistance shall be as envisaged in the relevant EU Financial Instrument Regulations.

ARTICLE 455

The priority areas of the EU financial assistance agreed by the Parties shall be laid down in relevant indicative programmes reflecting agreed policy priorities.