Ukraine and Israel are ready to sign the bilateral Free Trade Area Agreement by the end of 2018. First Vice Prime Minister Stepan Kubiv reported this during the Cabinet session on Wednesday.
'We entered the final stage of preparation of the Free Trade Area with Israel. The deal will be signed by the end of the year', he said.
Kubiv also stressed 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.