The governments of Ukraine and Türkiye are ready to ratify the Free Trade Agreement in the nearest future. After the completion of the ratification procedure, the agreement will enter into force in early 2024 and will open new opportunities for duty-free or partially duty-free trade between the two countries.

"The free trade agreement will also simplify the issue of logistics, promote the development of Ukrainian business in wartime conditions, and also open new prospects in Ukraine for our partners from Türkiye. Besides, we will create a working group on grain to discuss global and bilateral trade on the grain market," -  said Yuliia Svyrydenko.

The parties are also ready for a constructive dialogue on expanding economic cooperation, in particular, the initiation of joint projects in priority sectors of the economy. Strategically important sectors for the reconstruction of Ukraine and attraction of private investments are: defense, production and processing of agricultural products, renewable energy, production and storage of gas, green metallurgy, ecological transport, health care protection and pharmaceuticals.

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