A free trade agreement between Turkey and Ukraine will be signed by the end of this year, Turkish Deputy Economy Minister Fatih Metin said at a meeting of the International Turkish Ukrainian Businessmen Association (TUID) in Kyiv on July 11.
According to Metin, the free trade agreement between Turkey and Ukraine is being drafted, but the sides have already agreed on most points of the document.
In his opinion, negotiations on the agreement are being delayed due to a significant difference in the cost price of industrial goods in Ukraine and Turkey.
Metin also said that the trade turnover between the two countries had fallen in recent years due to the political crisis in Ukraine.
“But Turkey and Ukraine have a sufficient potential for growth in trade,” Metin said. (Ukrinform/Business World Magazine)
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