Business news from Ukraine


6 July , 2020  

Ukraine and Turkey intend to prepare a Free Trade Area (FTA) agreement for the meeting of the High Level Strategic Council of Ukraine and Turkey in 2020, Foreign Minister of Ukraine Dmytro Kuleba has said. “We are really determined to hold the next meeting of the Strategic Council of our presidents this year and want to fill it with maximum content. And, of course, the FTA agreement is one of those tasks that should already be consecrated by our leaders,” Kuleba said after a joint meeting with Turkish Foreign Minister at a press conference in Antalya on Friday.
The foreign minister said that at the moment Ukraine is waiting for a certain positional document from the Turkish side in order to continue consultations on this issue.
“Of course, the potential of our trade is phenomenal. I can sincerely tell you that Turkish goods can be found in any store of any region of Ukraine… Unfortunately, Ukrainian goods are not yet represented on the Turkish market, but we also have a lot of things, what Turkish consumers and buyers will benefit from. And we can open this potential, achieve a fair and mutually beneficial balance in trade, and bring our trade to a new horizon by signing the FTA agreement. And today, my colleague and I agreed that we will apply maximum efforts in order to positively resolve this issue,” the Ukrainian minister said.
According to him, Ukrainian and Turkish experts involved in trade will continue negotiations on this issue, but political leaders, ministers of foreign affairs and trade of both countries will be ready to take part in them to settle the issues that will seem insoluble at the expert level.
“There is political will of both sides now to resolve all issues and reach a result, I emphasize, in the interests of business and economies, both Ukrainian and Turkish,” Kuleba added.

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