Vice PM Kubiv: Ukraine-Turkey FTA to be established next year

28.04.2017 16:30 717

The free trade area between Ukraine and Turkey will be established in autumn or spring of 2018.

Vice Prime Minister, Economic Development and Trade Minister of Ukraine Stepan Kubiv said this to journalists in Lviv, an Ukrinform correspondent reports.

"Now is the best time to invest in Ukraine. The economy has stabilized, there is cheap labor force, the corruption factor has been significantly reduced. Many Turkish firms operating on the Ukrainian market have already appreciated those developments. The free trade area agreement between our countries will be concluded in autumn or spring of 2018. The FTA will accelerate the investment processes and boost cooperation between Ukraine and Turkey," Kubiv noted.

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