Ukraine, Israel ready to sign FTA agreement

29.03.2018 18:11 "Agro Perspectiva" (Kyiv) — As of yesterday, while speaking within a Cabinet meeting, Ukrainian Prime Minister Volodymyr Groisman said Ukraine and Israel had reached the final stage of signing the free trade area (FTA) agreement, Ukrinform reports. «Within 2017, we intensively worked on the completion of the free trade area negotiations with the State of Israel. There will be a joint statement of the Governments and Ministries of Israel and Ukraine that the free trade area agreement between the two countries reached the final stage. We are opening new markets; it will positively influence our economy and the development of our competitiveness,» he said. He added that now, without the FTA agreement, the Ukraine-Israel trade totals US$800 million. «We are forming clear conditions for the economic growth. As of now, the growth is not as rapid as we would like it to be, but I am deeply convinced that the economy will grow and the Ukrainian product will win the markets of other countries. To do this, it is very important to introduce a free trade area with our partners,» Groisman admitted.

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