Ukraine - Turkey (Sylodium, Free Import-Export directory)

Turkey - Ukraine

Ukraine hopes to sign a free trade agreement with Turkey in the near future, Prime Minister Mykola Azarov said.

The cooperation deal would bolster bilateral economic relations through increased trade and strengthened collaboration in various areas such as infrastructure, the agreement would lead to a decline in commodity prices in the Ukrainian market, which would benefit consumers, he added.

Two-way trade between Ukraine and Turkey, which grew 8.3 percent to 6.15 billion U.S. dollars in 2012, has the potential to reach 20 billion dollars by 2016, according to official statistics from both governments.

 

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