In the last decade, Ukraine has significantly strengthened its aspirations of integration with the European Union and implemented reforms designed to transform its political and economic system in line with EU principles and rules. One of the pillars of these changes is building a new model of regional policy. This paper discusses the evolution and status of Ukrainian regional policy in the context of the country’s integration aspirations. Based on an analysis of legal regulations and casual interviews, it also indicates the desired directions of transformation aimed at creating a policy model consistent with the EU approach. According to the authors, even though some actions have already been undertaken by the Ukrainian authorities, various adjustments are still needed. Efforts in this area should focus on developing a coherent strategic planning system and building a bottom-up and partnership approach to regional policy.