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Ukraine’s WTO accession fostering talks with EU

Posted by the Editor on July 15, 2008


News / 15 July 2008 | 15:50

Ukraine’s WTO accession fostering talks with EU

Ukraine‘s presence in the WTO contributes
to transition of the negotiation process with the EU to a new level, Deputy
Economics Minister Valeriy Piatnytskyi
told reporters.

“These are not the talks on
concessions, this is formation of an integration plan,” he said, Cabinet’s
press office
reported.

The deputy minister noted that Ukraine’s
WTO accession did not lead to considerable raise in tariffs and a 5-year
transition period is created as regards the relevant services. Furthermore,
negotiations have been launched with the European Union to create a free trade
zone.

On 16
May 2008, the WTO welcomed Ukraine
as its newest member.

ForUm

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