Ukraine intends to sign an agreement on a free trade zone (FTA) with Turkey, following the EU, Canada and Israel. The Prime Minister of Ukraine Volodymyr Groysman said in an interview with one of the TV channels.

"We want to sign an agreement on a free trade zone with Turkey before the end of 2018. This agreement will positively contribute to the development of the country’s economy and will, first and foremost, improve the life of citizens", the Head of Government underscored.

Background

In 2017, trade turnover between Ukraine and Turkey increased by 20.1% and reached $ 3.78 billion with a surplus of $ 1.26 billion. These days in Ankara, the Ukrainian-Turkish Intergovernmental Commission for Trade and Economic Cooperation held a meeting during which practical solutions for further development of trade and economic collaboration were shaped.