GUAM member states (Georgia, Ukraine, Azerbaijan, and Moldova) have signed documents to establish free trade area and agreed on mutual recognition of some customs procedures. This was reported by Prime Minister Volodymyr Groysman during the briefing broadcast by 112 Ukraine TV channel.
"It is important that today we have inked a number of documents that will allow us in 2017 to fully introduce the free trade area within the limits of our States. This will positively affect the development of our national economies, deepen our cooperation. These documents are a bold move to enhance our economic partnership. I consider this Protocol a good step, when we mutually recognize all the customs procedure of our countries. This will improve and speed up our cooperation process," Prime Minister stressed.
Prime Minister also expects that the free trade area agreement within GUAM countries is to take effect this year.