• Українською
  • Volodymyr Groysman: Ukraine is interested to round off negotiations on concluding Free Trade Agreement with Israel
    posted 22 August 2017 17:35

    Ukraine is keen on bringing the negotiation process on the signing of the Free Trade Agreement (FTA) with the State of Israel to a conclusion by the end of this year as this document will enable the two countries to intensify their cooperation in the social and economic spheres. This was announced by Prime Minister of Ukraine Volodymyr Groysman during a meeting with the Head of the Ukrainian-Israeli Intergovernmental Commission on Trade and Economic Cooperation, Minister of Environmental Protection of Israel Zeev Elkin. The meeting was held within the framework of the sitting of the Commission, the regular round of which was held in Kyiv.

    The Head of Government commended positive indicators in trade cooperation between the two countries. Thus, the trade turnover increased by 15% and exceeded $ 500 million. However, the potential for cooperation is the sum worth $ 1 billion and areas of common interest are agriculture, health, transport, energy and tourism.

    «We are paying a lot of attention to complete the negotiations on the FTA. Especially since our trade turnover is growing and we can apply best practices of Israel in various sectors of cooperation, first of all in the agricultural sector. By the end of the year we have to draft the Agreement. When we remove barriers, integration will happen shortly», stressed Volodymyr Groysman.

    In turn, Zeev Elkin emphasized that the Israeli side took as a basis the model of the development of mutual trade proposed by the official Kyiv, however, some issues concerning cooperation in the agrarian sector, in the provision of food security and in the field of IT technologies should be coordinated.

    «We pledge interest in cooperation in the field of education and science, in launching joint scientific projects. Our huge human resources will enable us to effectively use the capabilities of the two countries in the field of applied science», Zeev Elkin underlined.

    Volodymyr Groysman backed the interest expressed by the Israeli side and drew the attention of the interlocutors to the plans of the Ukrainian Government in the educational reform, in particular in the field of preschool and school education and initiatives regarding the creation of the Innovation Council under the Cabinet of Ministers, which could become an effective tool for mutually profitable partnership.