Natalia Mykolska: Ukraine studies an issue of joining Pan-Euro-Med Convention

The Ministry of Economic Development and Trade is working to increase access of Ukrainian goods to the markets of the European Union and other countries. Deputy Minister of Economic Development and Trade, Trade Representative of Ukraine Natalia Mykolska in an interview with The Apostrophe.

"We are now studying an issue of accession to the Regional Convention on pan-Euro-Mediterranean preferential rules of origin. This Convention allows to 42 countries – its contracting parties (including the EU, the EFTA, Turkey, Jordan, Montenegro, Morocco, Algeria, Tunisia, Egypt, Israel and several others), to apply a principle of diagonal cumulation in determining the country of origin of goods," she explained.

Natalia Mykolska explained that for Ukraine joining this Convention would provide significant preferences pertaining to domestic goods: "If we join the Convention, then trading with the countries included into our free trade area, when determining a country of origin, an article produced, for instance, from Ukrainian raw materials in Montenegro, will have a preferential status, if being sold in Germany."