Israel hopes to sign FTA with Ukraine before year-end

Ambassador of Israel to Ukraine Eliab Belotserkovsky told the Press Club, "Diplomats without ties" that was held at Ukrinform.

"We hope that by the end of the year we will be able to sign an agreement on free trade zone between Israel and Ukraine," he said.

He noted the trade turnover between the two countries for the latest year reached the level of $800 million, which is lower than in the previous year.

The slide in the turnover, the diplomat said, is due to lower Israeli exports, while the Ukrainian exports to Israel were up 4 percent.