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Bilateral trade between Ukraine, U.S. grows by 16 percent in 2018, - official

The Vice Prime Minister of Ukraine also emphasized that the relations of the leaders of two countries are 'as close as never before'
16:40, 29 October 2018

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This year, the volume of the bilateral trade between Ukraine and the U.S. increased by 16 percent. Stepan Kubiv, the First Prime Minister of Ukraine claimed so as 112.ua reported.

'The Ukrainian market is growing. I want to congratulate us all on the first official trade individual opening of the U.S. mission to Ukraine, which is a landmark. During 2018, the bilateral trade grew by 16 percent and made almost $2.6 billion; the export to the U.S. increased by 32 percent; the import from the U.S. increased by 11 percent. We are talking about the depth and systematic transformation of Ukraine and the path of structural reforms aiming for the improvement of the investment climate,' he said.

Related: U.S.A. may sign new trade agreement instead of NAFTA, - mass media

'The relations between Ukraine and the U.S. today at the level of President of Ukraine Petro Poroshenko and President of the U.S. Donald Trump are as close as never before,' he emphasized.

Related: Ukraine, Israel discuss signing of agreement on free trade

Kubiv also noted that during the last two years, especially 2018, Ukraine and the U.S. reached the entirely new level of the cooperation in economic, political and energy spheres.

As we reported, in the near future, Ukraine and Belarus will create a working group to improve the mutual trade between the two countries

The first session of the joint commission on the extension of the Agreement on the Free Trade between Ukraine and Canada took place on October 19.

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