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Trade Agreement Between Ukraine and Turkey May Be Finalized Soon

Trade agreement between Ukraine and Turkey may be finalized soon. Deputy Minister of Economy of Ukraine, Taras Kachka, gave information on the subject.

Trade Agreement Between Ukraine and Turkey May Be Finalized Soon
Yazar: Eylem Özer

Yayınlanma: 11 Aralık 2020 17:20

Güncellenme: 28 Ekim 2024 14:01

Trade Agreement Between Ukraine and Turkey May Be Finalized Soon Trade agreement between Ukraine and Turkey may be finalized soon. Deputy Minister of Economy of Ukraine, Taras Kachka, gave information on the subject. Ukrainian Deputy Minister of Economy and Trade Representative Taras Kachka spoke to AA correspondent on the issue. Kachka, stating that last year, Turkey is in the top 5 of the most important trade partner of Ukraine with simultaneous interpretation into the lock, pointed out that providing internal economic dynamics of commercial development in the strengthening of ties between the countries. Kachka said: "I mean, we see not only the growth of numbers, but a new quality of dialogue. We see that Turkish companies are active in investments in Ukraine. Ukrainian companies know and are interested in the Turkish market every day. The last 3 years have been a good time to get to know each other." Stressing that they want to increase the trade volume between Turkey and Ukraine about $ 5 billion in simultaneous interpretation, said, "We want to create same time as the balanced growth environment. This is the most important issue in our agenda." Stating that for the first time this year, the trade volume may be less than the balance of the advantage of simultaneous interpretation in Turkey, he said: "Of course you always have to give more than one side, it can not be zero. However, this is good news for us. Because of the reasons why a surplus of Turkey One, diesel is one of the most important exporters of Ukraine on fuel, which is a source of diversification issue for us. Because we are dependent on Russia and Belarus for diesel fuel. " Stressing that there is a great commercial potential between the two countries, Kachka said, "" However, we need to solve some systemic problems. Due to the structure of Ukrainian companies for the Turkey market is still a bit confused, we need to learn more about it, issues such as the level of government should work permits and certificates. If we remove such glass walls, it will increase our trade. ”Kachka continued his words as follows: "In order to complete the FTA negotiations, we are in the previous step of the tunnel where the light appears, we can complete it fairly soon. But we have to make some decisions first on both sides. The two countries still have reservations in some areas. We have communication between the Ministries of Economy on these sensitive issues, such as agriculture and steel products, investments, service sector. " Also, stating that if an ideal agreement with full freedom is reached, it will be in the interest of both sides, commented, "It will be more beneficial to Turkey, considering its logistics, coasts that provide passage to the Mediterranean and its regional trade.”
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