GUAM free trade zone will become a powerful impetus for the economic development of our countries, says Volodymyr Groysman

Department of Information and Public Communications of the Secretariat of the Cabinet of Ministers of Ukraine, posted 05 October 2018 15:40

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.