A proposed free trade zone with the European Union could slow economic growth in Ukraine, the country’s deputy economics minister said in an interview published on Tuesday.
The agreement on a free trade zone between Ukraine and European Union will strengthen the competitiveness of the EU itself. This opinion was expressed by Ukrainian Foreign Minister Kostiantyn Hryshchenko at a joint press conference with Foreign Minister of Germany, Guido Westerwelle, during his official visit to Kyiv.
Ukrainian winemakers will be forced to stop labelling their sparkling white wines as "Champagne" as part of a free trade agreement with the European Union due to be signed later this year.
The Ukraine’s confectionary industry, which employs 300,000 people, is reportedly under threat from FTA talks with the EU.
There were hopes that in the final stages of the EU-Ukraine FTA negotiations the EU may be ready to add a membership perspective. However, EU sources say this is not going to happen.
If it "continues to demonstrate its determination" to satisfy the required conditions, Ukraine could sign an association agreement with the European Union during the Polish EU Presidency, in the second half of this year, said a diplomatic source in Warsaw
Japanese Prime Minister Naoto Kan and Ukrainian President Viktor Yanukovych have agreed to launch negotiations on a bilateral investment treaty
Turkey is interested in expanding economic cooperation with Ukraine and introducing the visa-free regime between the two countries, Turkish Minister of Industry and Commerce Nihat Ergun has said at the Black Sea Economic Forum in Yalta, an UKRINFORM correspondent reported.
This was aired by the Uklrainian President during a joint press conference with President Shimon Peres of Israel in Kiev. The two have already signed a bilateral investment treaty.
Turkey wants to create a free trade area with Ukraine, Turkish Ambassador Ahmet Bulent Meric told the Den newspaper.
The European Union will delay signing free-trade and accession accords with Ukraine because of growing skepticism about the former Soviet state’s commitment to economic and political restructuring.
The first round of talks will be held in February 2010.
Canada’s farmers and farm machinery makers are among the expected beneficiaries from the launch of talks toward a free trade agreement (FTA) with Ukraine.
The deal with EFTA is likely to be signed by the end of this year. The free trade agreement with the EU could be concluded in 2010.
Ukraine and Libya are interested in boosting bilateral goods turnover, Prime Minister Yulia Tymoshenko and Secretary of the General People’s Committee of Libya al-Baghdadi Ali al-Mahmudi said at a meeting of the Ukraine-Libya Cooperation Commission in Kyiv on Monday.
Saudi Arabia has unveiled plans to develop large-scale overseas agricultural projects to secure food supplies, revealing that Riyadh is in discussions with Ukraine, Pakistan, Sudan, Turkey and Egypt.
As a result, the European Union will now begin negotiations for a comprehensive free trade agreement with Ukraine
Ukraine plans to start free trade talks with Israel in the first quarter of 2008, President Victor Yushchenko said during his meeting with Israel’s business leaders on Thursday, according to the President`s press-office.
Ukraine and Singapore have begun negotiations for a bilateral Free Trade Agreement (FTA).
The European Union (EU) will start free trade area (FTA) negotiations with Ukraine hopefully in early 2007, said the European Commission on Wednesday.