Turkish Ambassador to Ukraine outlines prospects for signing FTA

Turkish Ambassador to Ukraine outlines prospects for signing FTA

The economies of Ukraine and Turkey complement each other and it’s quite possible to reach a $10 billion trade turnover a year.

“Our common goal for trade turnover is $10 billion, as our leaders said. Increasing trade and investment, deepening cooperation in some areas, such as agriculture and defense industry, is quite possible,” Ambassador Extraordinary and Plenipotentiary of the Republic of Turkey to Ukraine Yağmur Ahmet Güldere said in an interview with Anadolu news agency.

At the same time, he noted that achieving the goal of a $10 billion trade turnover a year would also depend on the signing of a free trade agreement.

“It would be difficult to reach the level of $10 billion without signing a free trade agreement between the two countries,” the agency quoted the diplomat as saying.

Güldere also noted that the economies of Ukraine and Turkey complement each other, and the threats that representatives of both countries see in the signing of the FTA for certain sectors may not prove true but rather bring positive impulses for development.

As reported, on August 7, President of the Republic of Turkey Recep Tayyip Erdoğan said at a press conference following the talks with President of Ukraine Volodymyr Zelensky in Ankara that it was time to complete negotiations on creating a free trade area between Ukraine and Turkey. Erdoğan noted that Ukraine-Turkey trade turnover had totaled about $4 billion in 2018.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2020 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: