Ukraine and Turkey are ready to ratify the bilateral free trade agreement (FTA), the Ukrainian Ministry of Economy stated on Wednesday. The deal is expected to enter into force in early 2024, "opening up new opportunities for duty-free or partially duty-free trade," the ministry said.
"The Free Trade Agreement will also simplify logistical issues, facilitate the development of Ukrainian business in times of war, and open new prospects in Ukraine for our partners from Turkey. In addition, we will establish a working group on grain to discuss global and bilateral trade in the grain market," Ukrainian Minister of Economy Yuliia Svyrydenko (pictured) said.