Ukraine, Israel seek to boost goods flow to $2 bln a year in five years

14:00, 25.07.2018 1 min read

Ukraine and Israel seek to boost goods flow in the coming five years to $2 billion a year, while last year the figure grew by 14.7% compared with 2016, reaching $772.5 million, Ukraine's First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has said.

"I met with Israeli Minister of the Economy and Industry Eli Cohen and agreed to increase the trade flow to $ 2 billion in the next five years," he wrote on his Facebook page on Wednesday.

According to him, the countries also intend to develop cooperation in the field of innovation and high technologies.

Kubiv also recalled that Ukraine and Israel intend to sign a free trade agreement by the end of this year.