Ukraine-Israel free trade zone agreement to be signed in late November, - PM Groysman

Source : 112 Ukraine

The bilateral innovations summit will take place in Kyiv at the end of the month
21:01, 6 November 2018

112 International

Ukraine and Israel could sign the free trade zone agreement in the end of this month. Ukraine's Prime Minister Volodymyr Groysman said that during his meeting with Joel Lion, the ambassador of Israel in Ukraine. The government's web portal reported this on Tuesday evening.

'I'm glad that the deal will be signed in late November. It will open new opportunities for trade between our countries', Groysman said.

In turn, Joel Lion said that the bilateral innovations summit will take place in Kyiv at the end of the month; the event is to gather dozens of enterprises and entrepreneurs working in this area.

Earlier, First Vice Prime Minister Stepan Kubiv reported that Israel will become the 46th country to open the free trade area for Ukrainian goods.

Ukraine and Israel completed the technical initializing of the deal earlier this year; the talks were completed in March. Later, in August, the sides agreed to sign it.

The document totally consists of 12 sections and the number of additions, which were processed, concurs with the international practice of concluding such documents.

Related: Ukraine, Israel ready to sign agreement on free trade area by late 2018

Related: Israel and Ukraine complete preparation of agreement on free trade area

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