Business news from Ukraine

TURKEY AND UKRAINE AT FINAL STAGE OF NEGOTIATIONS ON FTA

12 August , 2021  

Ukraine and Turkey are at the final stage of negotiations on a free trade area (FTA) after large moves made in the negotiation process, First Deputy Prime Minister, Minister of Economy Oleksiy Liubchenko said in an exclusive interview with Interfax-Ukraine.
“By the way, negotiations on an agreement on FTA with Turkey are now almost on completing. There have been significant positive moves in the negotiations,” he said.
Liubchenko also said that Ukraine had carried out preparatory work for negotiations with Tunisia, Egypt and Jordan.
Speaking about other areas of work of the Ministry of Economy in terms of international trade, he noted the unblocking of the work of the interdepartmental commission with Kazakhstan, following the meeting of which the ministry receives feedback from the parties.
“We are also systematically working with China, coordinated by Deputy Prime Minister Olha Stefanishyna. We have begun a joint study of the possibility of a free trade area agreement. The results will be known next year. On this basis, a political decision will be made whether to start negotiations. We are also actively working on preparations for negotiations with Indonesia and Vietnam,” he said.

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