EU Economic Security from the Perspective of the Economic Association Agreements Signed by the Republic of Moldova, Ukraine and Georgia with the EU

• Author: Angela Mihaela Ene
• Pages: 266-271

European Integration - Realities and Perspectives. Proceedings 2018

266

EU Economic Security from the Perspective of the Economic Association

Agreements Signed by the Republic of Moldova, Ukraine and Georgia

with the EU

Angela-Mihaela Ene1

Abstract: This approach aims to highlight the European Union's l ong-term economic security policy.

Following the signing of the Economic Agreements between the EU and Ukraine, the Republic of Moldova

and Georgia, as EU-associated countries, major economic and geostrategic interests of the European Union

are revealed, in the sense of holding the economic and geostrategic supremacy, that is an enlarged economic

and functional market, just by the rules imposed by Brussels, is a tool for controlling and counteracting the

economic pressure exerted on the world market by t he three great powers, the USA, China and Russia.

Even if the USA finances the three associated states in the EU, amid the consolidation of the rule of law and

a solid democracy, the expected outcome of the USA foreign policy is by far an insignificant one. We

should consider China's growing interest, which has increased its purchases of vast agricultural lands and

signing economic contracts with the Ukrainian state. Thus, we can notice a new struggle front between the

economic axes created: the USA-EU and RUSSIA-CHINA, which at this moment, through the move made

by Russia, the annexation of Crimea, takes another turn.

Keywords: economic association agreements; economic security policy; Republic of Moldova; Ukraine;

Georgia

Introduction

The establishment and consolidation of the European Union as a federal state is a long, but safe

process. The EU’s evolution over the years in this formation process has reached an advanced stage

through the existence of a single market and a de facto and de jure interstate union, which has an

impact on the population of EU member states.

Speaking at this moment about the existence of EU borders, we must take into account the very

important particuliarities that emerge from the EU's eastern flank, with states from the former

communist block, namely Ukraine and the Republic of Moldova.

The objectives we are considering in approaching EU economic policies, with regard to economic and

geostrategic security, with the neighboring countries in the eastern flank, are limited to approaching

them from the following perspectives:

- The role and effectiveness of the EU macro-financial assistance given to third countries;

1 Senior Lecturer, PhD, Danubius Universi ty of Galati, Romania, Address: 3 Galati Blvd., Galati 800654, Romania, Tel.:

+40372361102, Romania, Corr esponding author: angelamihaela.ene@univ-danubius.ro.