Ukraine drafting deals on free trade areas with five countries – minister Petrashko.

Photo from UNIAN

Photo from UNIAN

Ukrainian Minister for Development of Economy, Trade and Agriculture Ihor Petrashko says the Cabinet of Ministers is drafting agreements on free trade areas (FTAs) with Egypt, Jordan, Vietnam, Indonesia, and China.

The comment came at a press conference on December 30, an UNIAN correspondent reports.

"These are important markets for Ukrainian products as part of our efforts to expand our export opportunities," the minister said.

Read also Ukraine, Israel agree FTA deal Background

  • On October 8, Ukrainian President Volodymyr Zelensky and Prime Minister of the United Kingdom of Great Britain and Northern Ireland Boris Johnson signed an agreement on political cooperation, free trade and partnership between the states.
  • Prime Minister Denys Shmyhal said Ukraine hopes to have the deal ratified by the end of the year.
  • On December 9, 2020, Ukraine and the United Kingdom signed an agreement on developing bilateral trade and partnership during a roundtable discussion on the development of relations between the two countries within the Political, Free Trade and Strategic Partnership Agreement signed in October.
  • On December 16, the Verkhovna Rada, Ukraine's parliament, ratified the agreement.

Author: UNIAN

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