Pavlo Sheremeta discusses with Ambassador of Israel key issues of trade and economic cooperation

“Ukraine attaches peculiar importance to bilateral trade-economic and investment cooperation with the promising partner countries. And Israel is one of the principal trade partners of Ukraine among the Near and Middle East countries,” the Minister said.

The interlocutors admitted that one of the urgent issues in trade and economic relations appears further negotiation process in order to conclude bilateral Agreement on free trade area between the Cabinet of Ministers of Ukraine and the Government of Israel.

The parties accentuated search of efficient ways how to strengthen trade and economic cooperation as being among the top directions of partnership between the two states. Thus, the work of Inter-governmental Ukraine-Israel Trade and Economic Commission which had its last eighth meeting on November 27, 2013 in Jerusalem was viewed as important.

The Ambassador of Israel stressed that his country was ready to assist Ukraine in its endeavors. In this context peculiar attention is attached to continuous work aimed at signing financial protocol – a document which will afford to use funding allocated by Israeli government to implement the projects in Ukraine.

“We should communicate more and make our cooperation more dynamic. It is the engine capable to activate various areas, for instance healthcare, transport, energy. Our Government has allotted funds in order to achieve these goals and we should use it so that Ukraine could benefit from it,” Reuven Din El summed up.