09:08 23.01.2016

Abromavicius, Jaresko, U.S. Secretary of Commerce Pritzker discuss settlement of trade disputes with Russia

2 min read
Abromavicius, Jaresko, U.S. Secretary of Commerce Pritzker discuss settlement of trade disputes with Russia

Ukraine's Economic Development and Trade Minister Aivaras Abromavicius and Finance Minister Natalie Jaresko have discussed with U.S. Secretary of Commerce Penny Pritzker in Davos the settlement of trade dispute with Russia in the framework of the World Trade Organization (WTO).

This is reported on the website of the Economic Development and Trade Ministry of Ukraine on Friday.

"An important topic of our conversation was the support of Ukrainian position in the settlement of the WTO trade disputes with Russia at the political and expert level," the Economy Ministry quoted Abromavicius as saying.

The economy minister said that the meeting also addressed the removal of anti-dumping sanctions on a number of Ukrainian products, in particular, chemical and steel industries, and the continuation of technical assistance to Ukraine. In order to speed up the reform of state enterprises, the U.S. offered the assistance in finding professional managers, including for the key state-owned companies.

The sides also discussed the visit of a large delegation of American businessmen to Ukraine.

Abromavicius recalled that the United States continues to provide preferences for duty-free export of a number of Ukrainian commodities due to the renewal of the U.S. Generalized System of Preferences. According to the minister, it is necessary to extend the Generalized System of Preferences for Ukrainian products to get access to the U.S. market, and to liberalize the existing anti-dumping measures on imports from Ukraine to the United States.

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