Business news from Ukraine

UKRAINE, TURKEY INTENSIFYING TALKS ON FREE TRADE ZONE – UKRAINIAN OFFICIAL

17 December , 2015  

KYIV. Dec 17 (Interfax-Ukraine) – Ukraine and Turkey will intensify the negotiations on the signing of the free trade zone agreement with the next round of the negotiations scheduled for early 2016 in Turkey.

The Ukrainian and Turkish delegations reached the agreement at the meeting during the 10th conference of WTO ministries in Nairobi (Kenya), Deputy Minister of Economic Development and Trade, Trade Representative of Ukraine Natalia Mykolska has said.

“Yesterday a meeting with the delegation from Turkey was held. It is not a secret for anyone that now our relations are being reloaded. This concerns both trade and investment,” she wrote on her Facebook page on Wednesday.

Mykolska said that the sides agreed to hold a meeting of the interagency commission in the first quarter of 2016 and try not to apply restrictive measures, and discuss the proposals to increase goods turnover and investment projects in the agricultural sector, aviation and IT at the expert level.

“We’ve discussed many issues from increasing exports of rolled metal and grain and oilseeds to cooperation in the area of soap operas,” she said.