The agreement on the establishment of a free trade area between Ukraine and the European Union is almost ready, although there are three unresolved issues remaining, Ukrainian Prime Minister Mykola Azarov has said.
Russian Prime Minister Vladimir Putin says that Russia may apply trade protective measures if Ukraine and the European Union sign a free trade area agreement
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.
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
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.