The launch of full-fledged free trade area between the GUAM member states (The GUAM Organization for Democracy and Economic Developments is a regional organization of four states: Georgia, Ukraine, Azerbaijan, and Moldova) will be a powerful impetus for the economic development of all the GUAM Member States. The Prime Minister of Ukraine Volodymyr Groysman said in a comment to media outles.
"The free trade zone will yield a result. We already have a solid foundation - we have an increase in goods turnover (between Ukraine and the GUAM countries) by 52% last year, and 30% growth over 7 months of this year. Potential is large, barriers must be removed. Moreover, we have friendly and fraternal relations", the Head of Government stressed.