Ukraine on Track for EU Membership as Negotiations Set to Begin
The European Union will announce formal negotiations for Ukraine's potential accession to the bloc in December. Ukraine has been granted candidate status and progress has been positive, with only concerns about minority issues. A progress report on Ukraine's compliance with EU conditions will be issued in November, leading to negotiations in December. Despite Ukraine meeting only two out of seven conditions, political pressure is expected to authorize negotiations. A final decision on Ukraine's admission could be made by early 2024.
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00:00 It's Benzinga and here's what's on the block.
00:02 The European Union is expected to announce formal negotiations for Ukraine's potential
00:07 accession to the bloc in December.
00:10 Ukraine has been granted candidate status and progress has been positive, with only
00:14 concerns about minority issues.
00:16 A progress report on Ukraine's compliance with EU conditions will be issued in November,
00:21 leading to negotiations in December.
00:24 Despite Ukraine meeting only two out of seven conditions, political pressure is expected
00:28 to authorize negotiations.
00:31 A final decision on Ukraine's admission could be made by early 2024.
00:35 For all things money, visit Benzinga.com.
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