You're reading: EU welcomes Ukraine’s renewed commitment to de-oligarchization

European Union leaders note the substantial progress made by Ukraine in its reform process and welcome its renewed commitment to de-oligarchization.

This is discussed in a joint statement by the leaders of Ukraine and the EU, adopted at the end of the summit, which took place in Brussels on Tuesday.

“We recognized the substantial progress made by Ukraine in its reform process and agreed on the need to further accelerate these efforts,” the officials said in the statement.

In particular, the EU welcomed the start of land reform, the adoption of the banking regulation law and the progress made in decentralization.

“We welcomed the launch of the work of the High Anti-Corruption Court. We agreed on the importance of accelerating and reinforcing reform efforts, in particular on the judiciary (including reforming the High Council of Justice and the independent recruitment of judges with integrity) and in the fight against corruption, ensuring strong and independent anti-corruption institutions. We welcomed the renewed commitment of Ukraine to fight the influence of vested interests (‘de-oligarchization’). In this regard, we underlined the need to further strengthen media pluralism in Ukraine,” the leaders said.