Wednesday, July 27, 2016

Ukraine continues the policy of economic integration


Over the last week two especially good events happened, but, in my opinion, they were paid inadequate attention to. First, yesterday in Jerusalem another round of talks between Ukraine and Israel about the introduction of a free trade zone between the two countries ended. I have already said a lot about the obvious benefits of this union. For two days in Israel the group of representatives of the Ukrainian ministries was working: they were discussing certain provisions of the agreement, custom duties, dispute settlement, and trade rules with Israeli colleagues. Particular attention was paid to the access of goods to the domestic markets of both countries and possible liberalization for agricultural and industrial goods.

The next round of talks will be held in Kyiv. In addition, the Ukrainian Ministry of Economic Development is planning to conduct consultations with the representatives of business, who are interested in trade relations with Israel. I hope that very soon I will be able to report about the signing of this important document for both countries.

The second event which can not be ignored is the signing of the Treaty on Open Skies between Ukraine and Lithuania. Now between the two countries all restrictions on air services are lifted: any Ukrainian air carrier can fly to any city in Lithuania, as well as Lithuanians can. Previously, Ukraine has already signed such a treaty with Poland, Italy, Armenia, Estonia and others. From the obvious advantages of such “openness” is increasing of market competition, creating of new opportunities, the ability to get on the international aviation market. Everything is logical: a new market brings new opportunities.

I think that such positive changes should occupy the front pages of the Ukrainian media. If Ukrainians start to be interested in the development, future, not past, it will not make sense to write about provocations, similar to the one that is happening in Kyiv today.

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