Ukraine received a note of the EU Council on the completion of all procedures to start the FTA, said the President of Ukraine Petro Poroshenko in Facebook.
KYIV, Nov 17. The European Union has notified Ukraine about the completion of all procedures necessary for the entry into force of the FTA in 2016, said Tuesday the President of Ukraine Petro Poroshenko.
“The EU has indicated its readiness for free trade zone with Ukraine, from 1 January 2016. We received a note of the EU Council on the completion of all procedures to start the FTA. Now there are no obstacles whatsoever. With the new year starting,” wrote Poroshenko on his page in Facebook.
A year ago Ukraine and the European Parliament ratified the Association agreement between Ukraine and the EU, part of which is the provision on the free trade zone. Russia is concerned with the introduction from 1 January 2016 in the provisions of the free trade zone and fears of an influx of duty-free goods from the EU through Ukraine, therefore, intends to enter the food embargo and customs duties for Ukraine.