Ukraine to increase bilateral trade turnover and volumes of mutual investments with Customs Union
The
Government plans to increase bilateral trade turnover and volumes of mutual
investments with the Russian Federation, Belarus and Kazakhstan. The Program of
cooperation of Ukraine with the Customs Union member-countries that was
approved at the session of the Cabinet of Ministers on January 15 by a
respective resolution shall facilitate that. The term of realization of the
Program is planned up to 2020.
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“The
results we expect from realization of the Program are, first of all,
increasing of bilateral trade turnover not less than by 10-15% in average,
growing of the share of trade in non-primary goods and services, increasing
of the amount of mutual investments in average not less than by 15% and
further growth of output by enterprises with mutual investments,” the
Minister of Economic Development and Trade Ihor Prasolov noted on commenting the approved by the
Government decision. According
to the head of the Ministry, the Program is aimed at deepening of economic
integration targeting to achieve high speed of economic growth, raise
competitiveness, improve the investment climate and investment
attractiveness, the level and quality of life of the population, their social
protection taking into account objective interests of Ukraine and
member-countries of the Customs Union. “The
Program envisages cooperation of Ukraine with the member-countries of the
Customs Union along the following directions: trade and economic relations,
fuel and energy complex, transport, agro-industrial complex, space area, technical
regulation, development of innovations and scientific researches, transborder and interregional cooperation,” Ihor Prasolov said. The Minister
has added that an integral part of the Program is its action plan which
determines responsible central executive authorities and fixes definite terms
of implementation of these measures in all cooperation directions. The Resolution
of the Cabinet of Ministers “On approving the Program of cooperation of
Ukraine with member-states of the Customs Union – Belarus, Kazakhstan and the
Russian Federation up to 2020” was prepared n implementation of the National
Action Plan concerning introducing of the Program of economic reforms for
2010-2014 “Wealthy society, competitive economics, effective country”. The Prime
Minister commissioned the Ministry of Economic Development and Trade to
finalize the approved resolution in the fixed terms. |