KYIV. Aug 10 (Interfax-Ukraine) – Ukraine intends to develop trade relations with Indonesia, Ukrainian President Petro Poroshenko has said.
“First the EU-Ukraine Deep and Comprehensive Free Trade Area (DCFTA) took effect from January 2016…Duties on most categories of goods and services have been revoked. We have an absolutely fantastic logistics, and it takes 40 hours, not 40 days to reach Indonesia now,” the president said at the Ukraine-Indonesia business forum in Indonesia on Sunday.
He said that goods turnover between Ukraine and Indonesia has significantly grown in the first five months of this year, and this is evidence of stepping up cooperation between the two countries.
The president said that this situation makes Ukraine more attractive for foreign investors. Indonesia could use this opened window to the EU for Indonesian business. The Ukrainian president said that in turn, Indonesia is a large market. Ukraine is ready to be present on it, he said.
Poroshenko pointed out the importance of deepening cooperation with Indonesia in various spheres, in particular, agriculture, defense and technical, pharmaceutical industries and energy equipment production.
“We have a huge potential for cooperation of pharmaceutical companies sand many representatives of pharmaceutical are present in the Ukrainian delegation. There are many pharmaceutical companies in Indonesia,” Poroshenko said.
He recalled that after negotiations with the president of Indonesia, several important agreements were signed. They concern cooperation in agrarian, defense industries and the agreement on the visa-free travel for citizens of both countries who have diplomatic or service passports.
