Business news from Ukraine

EUROPEAN COMMISSION OKAYS DRAFT COUNCIL DECISION ON COMMON AVIATION SPACE WITH UKRAINE

The European Commission (EC) has approved the Council’s draft decision for the signing of the Agreement on the Common Aviation Space with Ukraine, said representative of Ukraine to the European Union, Ambassador Mykola Tochytsky.
“Long awaited good news: today EU Commission has re-approved the draft Council Decision on the signing of the Common Aviation Area Agreement. Looking forward to member-states’ support and swift conclusion of the Agreement,” the Ukrainian diplomat wrote on Twitter.
Next steps are the approvement by the Council of the EU and actual signing of the Agreement. The agreement will be signed between Ukraine, the EU and the member states.
The conclusion of the Agreement will contribute to the creation of a common aviation space between Ukraine and the EU based on common and reliable EU standards in the field of flight safety, air traffic control and consumer protection, the press service of the Mission of Ukraine to the EU reported on Facebook.
“It will also open new opportunities for our citizens and business as well as investments into Ukrainian aviation. Common Aviation Area will ensure the air operation in Ukraine in line with the EU standards on aviation safety, air traffic management and aviation consumer protection,” the Ukrainian diplomats said.

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UKRAINE AND SPAIN PLAN TO SIGN AGREEMENT ON COMMON AVIATION SPACE

Ukraine and Spain will continue working together to conclude an agreement on a common aviation space. The issue of creating additional travel opportunities for citizens was discussed during a telephone conversation between Minister of Foreign Affairs of Ukraine Dmytro Kuleba and Minister of Foreign Affairs, the European Union and Cooperation of Spain Arancha Gonzalez Laya.
“The Foreign Ministry of Ukraine has consistently advocated for Ukrainians’ opportunities to travel freely around Europe and the world. We are working hard to create new opportunities for air travel between Ukraine and the EU countries. The agreement on a joint aviation space just creates such opportunities. We will do everything to conclude this agreement,” Kuleba said, the press service of the Ukrainian Foreign Ministry reported.
Both sides stated that the conclusion of the Agreement on the common aviation space meets mutually beneficial interests and will contribute to the intensification of business, tourist and interpersonal contacts.
The ministers also discussed the importance of enhancing bilateral economic and investment cooperation. It is noted that the creation of additional business opportunities will be facilitated by the signing of the Convention on Avoiding Double Taxation between Ukraine and Spain.
The parties also exchanged information on measures taken by the governments of both countries to counter the spread of COVID-19. Kuleba thanked the Spanish government for the assistance in returning Ukrainian citizens home.
Arancha Gonzalez Laya, in turn, confirmed the invariable position of Spain in the matter of protecting the sovereignty and territorial integrity of Ukraine.

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