Ukraine, Israel to speed up talks on free trade area
Ukraine and Israel have agreed to speed up negotiations on a free trade area (FTA) between the two countries, Ukrainian President Petro Poroshenko has said.
"We have agreed to speed up negotiations on a free trade agreement, because it is the only anti-crisis way that is absolutely mutually beneficial," Poroshenko said at a joint press briefing with Israeli President Reuven Rivlin in Kyiv on Tuesday.
The Ukrainian president said he believes progress will be made in this area soon.
As reported, on January 19, 2016, Israeli Ambassador to Ukraine Eliav Belotserkovsky said he hoped that Ukraine and Israel will sign a free trade area agreement before the end of 2016.
The two countries' mutual trade stood at $800 million, a decline as compared to the previous period, he said. Israeli exports to Ukraine dropped, while Ukraine's exports to the Israeli market grew 4% to some $600 million-$650 million.
Advertising
Advertising
MORE ABOUT
Ukraine, Israel on same side against partnership between Russia and Iran – Yermak
18:57, 19.04.2024
Israel to transfer early warning systems for missile strikes to Ukraine – rep to UN
11:51, 27.02.2024
Israel extends residence permits for Ukrainians until end of 2024
11:47, 11.01.2024
War in Middle East has bad effect on Ukraine – Zelenskyy
08:00, 20.12.2023
Border Guard Service confirms cancellation of Poroshenko's business trip abroad
13:36, 01.12.2023
LATEST
New EU sanctions will apply to supplies of manganese ore and aluminum oxide to Russia – Latvian authorities
21:07, 03.05.2024
NBU lifts restrictions on import of works, services; introduces other currency concessions
21:01, 03.05.2024
Ukrainian coal could be exported due to shutdown of Centerenergo in Russian heavy shelling – Minister of Energy
19:26, 03.05.2024
NBU requires Getin Holding to sell Idea Bank within six months
10:09, 03.05.2024
DIM company accredits houses under construction in eOselia program