EU remains main trading partner of Ukraine – PM Shmyhal

EU remains main trading partner of Ukraine – PM Shmyhal

The European Union is Ukraine's main trading partner; the share of trade in goods and services with the EU totals 41% of Ukraine's foreign trade, Prime Minister Denys Shmyhal has said.

“According to the European Business Association, Ukraine made it through last year smoothly when compared with other countries. The foreign trade balance improved compared with previous periods - imports decreased and exports increased. The European Union accounts for 41% of Ukraine's foreign trade, which means that it is our largest trade partner,” Shmyhal said during an hour of questions to the Government held in the Verkhovna Rada, an Ukrinform correspondent reports.

He reminded that during a recent working visit to Brussels, the Ukrainian side discussed with its European counterparts the possibilities of expanding trade for Ukrainian business.

"More than 14,000 small and large Ukrainian companies are exporters of our products to the EU. This list will only grow and Ukrainian companies will be able to export their products to the EU without quotas," Shmyhal said.


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