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Ukraine and Israel will soon sign an agreement on FTA

Украина и Израиль вскоре подпишут соглашение о ЗСТThe free trade zone will allow to increase the trade turnover up to one billion dollars a year.

Negotiations on free trade zone between Ukraine and Israel completed in the near future the agreement will be signed. On Tuesday, December 11, Prime Minister Vladimir Groisman.

“We are working on opening new markets. In fact, we have already completed negotiations, finalizable, with Israel on the introduction of a free trade zone. In fact, we are only waiting for the formal signing of these agreements,” – said Groisman.

According to him, the FTA will provide an opportunity to increase the turnover to a billion dollars a year.

In addition, said Groisman, Ukraine is also completing negotiations with Turkey on the FTA.

“We must pay tribute to the fact that the Association agreement, the agreement on free trade zone with the European Union has given us great opportunities from the point of view of presence of Ukrainian products on world markets”, – said the Prime Minister.

It is expected that the FTA agreement will be signed during the visit to Ukraine of the President of Israel.

On November 21 the Cabinet of Ministers approved a decree on signing the agreement on FTA between Ukraine and Israel, and also authorized the first Vice Prime Minister – Minister of economic development and trade Stepan Kubiv on the signing of this document.

Before that, it was reported that Ukraine and Israel finalize the creation of a free trade zone. Groysman claimed that the document could be signed in late November.

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