Ukrainian President Petro Poroshenko and European Commission President Jean-Claude Juncker have announced their readiness to begin implementing the Deep and Comprehensive Free Trade Area treaty between Ukraine and the European Union starting from January 1, 2016.

"The parties welcomed the positive dynamics of the process of ratifying the Association Agreement between Ukraine and the European Union and confirmed their readiness to start to implement the Deep and Comprehensive Free Trade Area starting from January 1, 2016," the Ukrainian presidential press service reported on Tuesday following Poroshenko's telephone conversation with Juncker.