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Ukraine: Relations With the EU and Russia

Categories: Eastern & Central Europe, Ukraine, Economics & Business, Governance, International Relations, Politics

Oleksandr of Messages From Canada writes [1] on Ukraine's unique position between Russia and the EU: “Located between new EU members with increased production costs and Russia with strong ambitions to expand to new markets, Ukraine could become another economic wonder or business paradise: for EU – to outsource/shift the production facilities to Ukraine with cheaper labor force and less stringent environmental regulations and for Russia – to exploit the favorable relations between Ukraine and EU for its own benefit and use Ukraine as platform for expanding to the West.”