Ukraine, Israel agree to begin extension of free-trade area

The Knesset will ratify the free-trade area agreement with Ukraine after September 17
17:07, 19 August 2019

Volodymyr Zelensky, the President of Ukraine and Benjamin Netanyahu, the Prime Minister of Israel
Official website of the President of Ukraine

Ukraine and Israel agreed to start the work on the extension of the free-trade area (FTA) between the countries to the service sector. This was stated by President of Ukraine Volodymyr Zelensky after the meeting with Israeli Premier Benjamin Netanyahu in Kyiv on August 19. The meeting was broadcasted by 112 TV channel.

Ukraine's President noted that Israel was and remain to be the main trading partner of Ukraine in the Middle East area.

“Our total turnover exceeded $1 billion. Without doubts, this number will increase significantly soon due to the signing of the free-trade area agreement between Ukraine and Israel, which, I hope, will be ratified by the Israeli side as soon as possible. We also agreed to start working on the extension of the agreement for the service sector,” Zelensky stated.

Related: Zelensky urges Israel to admit Holodomor as genocide of Ukrainian people

Netanyahu, for its part, thanked the Ukrainian side for the ratification of the agreement and assured that Israel is expecting of its extension.

“We asked to get expanded information related to the implementation of all other obligations as well,” Israeli Prime Minister said.

As it was reported earlier, President of Ukraine Volodymyr Zelensky and Prime Minister of Israel Benjamin Netanyahu agreed to solve the issue of the refusal for Ukrainians to enter Israel

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