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Cabinet designated Ukraine-Israel design for free trade



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The document was expected to be signed in late November.

UNIAN photo

UNIAN photo

First Deputy Prime Minister of Ukraine, Minister of Economic Development and Trade Stepan Kubiv is authorized to draw the document, the newly renovated TSN.ua reported on November 21, reference to the ministry's ministry.

Read alsoPorogens has ordered Erdogan to report the preparations for FTA

The design of the configuration is expected to be signed in late November 2018.

The development of the document began in 2015. The Ukrainian-Israel FTA talks end on March 28, 2018. As a result, a plan for the further action to draw the document is approved.

The Ministry said that exporting to the United Kingdom will rapidly raise Israel, and the balance of trade between Ukraine and Israel will improve well.

As reported, the Ukrainian-Israel FTA agreement would not be valid in the temporary occupied area as a result of Russian aggression, namely the Autonomous Republic of Crimea, the city of Sevastopol, and certain areas of Donetsk and Luhansk regions, to The Constitutional Order of Ukraine is fully recovered.

The government says that according to the export strategy of Ukraine, in particular Ukraine's Strategic Trade Development Roadmap (2017-2021), Israel is among the Top 20 Important Markets for Importing Ukrainian Products. It is also one of the major trade partners in Ukraine in & nbsp; the Middle Ages.

The most important areas of cooperation between the two countries are agricultural production, tourism, hydrocarbon processing, communications, medicine, energy efficiency, and environmental protection.

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