BRUSSELS, December 15. /TASS/. The European Union is poised to adopt a roadmap of reforming the union by the summer of 2024, according to the final declaration of the union’s summit under way in Brussels.

"The European Council will address internal reforms at its upcoming meetings with a view to adopting by summer 2024 conclusions on a roadmap for future work," the document says.

The document says that the reform is necessary in connection with the union’s plans to accept new members.

"As the Union enlarges, successful European integration requires that Union policies be fit for the future and financed in a sustainable manner, based on the values on which the Union is founded, and that the EU institutions continue to function effectively," the declarations says.

The European Union has decided to start negotiations on the admission of Ukraine and Moldova, which may begin in March 2024, as well as to grant candidate status to Georgia, European Council President Charles Michel said.