At the heart of the protests is a trade pact. For a year, President Viktor Yanukovych insisted he was intent on signing a historical political and trade agreement with the European Union. But on November 21, he decided to suspend talks with the EU.[1]
The deal, the EU's "Eastern Partnership," would have created closer political ties and generated economic growth. It would have opened borders to trade and set the stage for modernization and inclusion, supporters of the pact said. [2]
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Supposedly with the signing of a historical political and trade agreement with the European Union, it could help Ukraine to raise their GDP. We have to know first that the economy of Ukraine is an emerging free market with a gross domestic product that fell sharply for the first 10 years of its independence from the Soviet Union, then experienced rapid growth from 2000 until 2008. But, in 2008 Ukraine was greatly affected by economic crisis and result in the decrease of GDP for like 15%. [3]
Since 2010, the economy of Ukraine is indeed gradually improved
and increased GDP. However, it is felt less by the citizens of Ukraine. So see
President Viktor Yanukovych were suspended cooperation with the EU is
considered very don't make sense. Whereas, with a trade agreement with the
European Union, of course, Ukraine's economy will be getting better.
Finally the protests broke out after President Yanukovych's government rejected signal a far-reaching accord with the European Union in November 2013 in favour of stronger ties with Russia.[4]
Finally the protests broke out after President Yanukovych's government rejected signal a far-reaching accord with the European Union in November 2013 in favour of stronger ties with Russia.[4]
So,
it was like, what had happened in Ukraine begins from economic crisis. And as
the time goes by, it turned out to be more complicated.
Diani Lestari
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