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Home > Publications > PISM Bulletin > Do Oligarchs in Ukraine Gain or Lose with an EU Association Agreement?

Do Oligarchs in Ukraine Gain or Lose with an EU Association Agreement?

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19 August 2013
Piotr Kościński, Ievgen Vorobiov
no. 86 (539)

The future of the Association Agreement between Ukraine and the EU is to some extent dependent on the stance of the Ukrainian oligarchs, the wealthiest circle of businessmen who influence the decisions made by President Yanukovych’s government. However, only some of them are likely to extract significant benefits from the agreement, while those linked to Yanukovych might remain indifferent. Poland and other EU Member States should ensure that the effects of the agreement’s entry into force are as clear as possible to representatives of big business in Ukraine.