Ukraine conducts negotiations on creation free trade zone with Turkey and Israel

KIEV, December 26. Ukraine is negotiating on the establishment of a free trade area (FTA) with Turkey and Israel. This was announced by Deputy Minister of economic development and trade, trade representative of Ukraine Nataliya Mykolska.

“Ukraine continues to move towards FTA with several countries. Was carried out huge work on bilateral meetings. We discussed the issues of establishing efficient trade relations with Israel and Turkey,” she said, adding that “these markets are extremely important for Ukrainian exporters of grains and oilseeds”.

According to the Gaina, negotiations with the representatives of Israel confirmed the willingness of the parties to the agreement on the FTA. At the same time during the negotiations with the Turkish side between representatives of Kiev and Ankara “discussed the replacement of Russian products of Ukrainian”.

Last week, Gaina said that the next meeting of representatives of Ukraine and Turkey is scheduled for early 2016. “The next round in Turkey in early 2016,” said she.

According to the Deputy Minister, for the intensification of the business dialogue Kiev intends to organize a trade mission with the participation of the Ministers of economic development and the Minister of agrarian policy and food of Ukraine for meeting with business representatives in the capital and regions of Turkey.

Trade representative of Ukraine also informed that the delegations of Ukraine and Turkey have agreed not to apply restrictive measures in the trade and experts to work on the sentence level to increase trade turnover between the countries and the number of investment projects in the Ukrainian agricultural sector, the aircraft industry, IT industry.

This week the President of Ukraine Petro Poroshenko also attended a two-day visit Israel.