Summary
- In 2014, the EU signed deep and comprehensive free trade agreements (DCFTAs) with Ukraine, Moldova and Georgia
- We estimate the economic effect of the DCFTA on the three countries by comparing relevant indicators in 2018 with 2013
- Afterwards we compare the effect between countries
- The overall effect of the DCFTA seems to be positive, but major differences exist between the countries
- The strongest effect clearly relates to exports; the effect on FDI is so far rather weak