(VOVworld) - The European Parliament has ratified the EU-Kosovo Stabilization and Association agreement, an important first formal step in Kosovo’s integration into Europe.

(Photo: europeanwesternbalkans.com)

With 486 votes to 102, and 81 abstentions, the deal will form the backbone of strengthened political association and economic integration between the EU and Kosovo.

The agreement will soon enter into force without delay and the implementation of the agreement will help institutionalise the reform process and bring new possibilities for Kosovo to strengthen relations with the EU contributing to the stabilisation of the whole region.

The agreement enhances EU-Kosovo political dialogue, trade relations and fosters closer cooperation in many sectors, including energy, the environment, and justice and home affairs.

It also has provisions aiming to promote EU standards in areas such as competition, procurement, intellectual property, consumer protection and good governance.

Kosovo unilaterally separated from Serbia in 2008 and its independence has been recognized by more than 100 countries. 23 of 28 EU members have accepted Kosovo.