Volodymyr Groysman and European Commissioner for Trade Cecilia Malmstrom discussed ways of deepening bilateral trade

Prime Minister of Ukraine Volodymyr Groysman held a meeting with European Commissioner for Trade Cecilia Malmström on Thursday. The parties discussed ways to intensify bilateral trade cooperation.

On the proposal of the Prime Minister, the parties agreed to hold a joint meeting with entrepreneurs in the framework of the meeting of the EU-Ukraine Association Council in Brussels on December 19.

European Commissioner for Trade Cecilia Malstrom announced about a decision of the European Commission to extend access for certain positions of products of Ukrainian origin to the European market as addition to the DCFTA for three years. The European Commission's proposal must be approved by the European Parliament and the EU member countries.

Volodymyr Groysman welcomed the relevant decision on additional trade preferences and expressed his view regarding an opportunity to extend quotas on a number of Ukrainian goods.

The Prime Minister informed the European Commissioner about the agenda of Government’s reforms aimed at improving the business climate in the country, among which are: the continued efforts to root out corruption, deregulation, civil service reform, large-scale public privatization and judicial reform. Another focus of attention is restoring industrial potential of the country. The Government has also resumed work with the International Monetary Fund, said Volodymyr Groysman.

In turn, the European Commissioner stressed that the Commission is ready to prolong supporting Ukraine in implementing reforms. She also noted that the Government had managed to achieve this goal in a short time.