Ratification of the Association Agreement with the EU could cost Ukraine $ 50 million

By ratifying the Association Agreement with the European Union now, Ukraine risks losing about $ 50 million, says the Deputy Head of Presidential Administration Valery Chaly.

"Now we export to Europe freely. If we ratify the agreement, then it comes into action in such a way that we lose two months of very favorable regime, that is 560 million hryvnia (about $ 50 million)," RIA Novosti quotes Chaly.

As VK previously reported, Ukraine signed an Association Agreement with the EU on 27 June.