Business news from Ukraine

Business news from Ukraine

UKRAINE AND MOLDOVA TO RENEW FREE TRADE AGREEMENT

14 May , 2022  

Ukraine and Moldova will renew the Free Trade Agreement, Ukrainian Prime Minister Denys Shmyhal has said.
“Despite the war we are implementing agreements of 2021. The draft law on the application of Pan-Euro-Mediterranean rules of origin was submitted to Parliament,” Shmyhal said in Twitter on Friday.
In turn, representative of the Cabinet of Ministers in the Verkhovna Rada Taras Melnychuk said the draft law approved on Friday “On the ratification of the Protocol between the Cabinet of Ministers of Ukraine and the Government of the Republic of Moldova on Free Trade Agreement between the Cabinet of Ministers of Ukraine and the Government of the Republic of Moldova dated November 13 2003” will allow in bilateral trade between Ukraine and Moldova, when determining the origin of goods, to be guided by the provisions of the Regional Convention on pan-Euro-Mediterranean preferential rules of origin or alternative rules of origin of the said Regional Convention.

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