The coordination of the action plan to speed up the development of a draft Free Trade Agreement between Ukraine and Turkey was the cornerstone of the conversation between the First Deputy Prime Minister of Ukraine - Minister of Economy of Ukraine Oleksiy Lyubchenko and Minister of Trade of the Republic of Turkey Mehmet Muş on July 12.
The event took place as a result of a telephone conversation between President of Ukraine Volodymyr Zelenskyy and President of Turkey Recep Tayyip Erdogan on the intensification of negotiations on the signing of a Free Trade Agreement between the two countries.
"We have a few positions left where we need to find a balance in our trade relations. It is worth noting that during the talks with our Turkish counterparts, we reached constructive and progressive solutions that will allow us to protect domestic markets where necessary and create an Agreement that will facilitate deepening of trade relations and development of our economies," said Oleksiy Lyubchenko.
For his part, Mehmet Muş also expressed confidence that the delegations of the countries should intensify work on all aspects and present the draft Free Trade Agreement in the near future. "Our delegations have already worked fruitfully on the Agreement. And next week we are ready to host a delegation from Ukraine to finalize the technical aspects of the draft Agreement," said Mehmet Muş.
It should be noted that a regular consultation between the Ukrainian and Turkish delegations took place recently in the framework of negotiations on signing a Free Trade Agreement between the countries. As a result of the signing of the Free Trade Agreement, the trade balance between Ukraine and Turkey can double to US$ 10 billion.