On January 10, at the initiative of the Ministry of Economic Development and Trade, the Cabinet of Ministers of Ukraine adopted a decision to suspend Ukraine's Agreement on the development of exhibition and trade fair activity in the Commonwealth of Independent States (CIS). The resolution was drafted by the Ministry of Economic Development and Trade on the implementation of the Decree of the President of Ukraine "On the decision of the National Security and Defense Council of Ukraine dated May 2, 2018 "On the termination of certain international treaties concluded by Ukraine within the framework of the Commonwealth of Independent States".
"We have analyzed the international economic agreements concluded by Ukraine within the framework of the CIS and submitted their list to the Ministry of Foreign Affairs with recommendations to suspend their effect for Ukraine. Among those is the Agreement on the development of exhibition and trade fair activity in the CIS. Given the current situation and aggression of Russia against Ukraine, the provisions and ideas laid down in the agreement appear not in line with the actual state of affairs", stressed Stepan Kubiv.
As is know, the Agreement on the development of exhibition and trade fair activity in the CIS was signed on May 26, 1995, with the aim of promoting integration processes in the CIS and strengthening international contacts, as well as forming a single economic and information space in the CIS. The document should have provided for the promotion of shared achievements of the CIS countries in industry, agriculture and other sectors of the economy, science, technology and culture.
According to the Ministry of Economic Development and Trade, the Agreement is considered outdated as a whole and such that is contrary to the current state of trade and economic relations between the participating countries.
Under the decision of the Government of Ukraine, the Ministry of Foreign Affairs of Ukraine should inform the CIS Executive Committee about the termination of this Agreement for Ukraine.