Free Trade Between Ukraine and Turkey

by Evgeny Lazorenko
Thursday, February 3, 2022
Free Trade Between Ukraine and Turkey

95% of Ukrainian goods will be imported into Turkey duty-free

"An event has taken place that our countries have been moving towards for almost 20 years. The agreement opens significant benefits for Ukrainian businesses. Ukrainian business will benefit from this agreement at least ₴10 billion annually," said prime minister Denys Shmyhal. 

The agreement on cooperation in the field of high technologies, aviation and space industries, which was also signed on February 3, provides for the construction of a plant in Ukraine for the production of military drones Baykatar. According to him, high localization of production will allow collecting high-tech products in Ukraine with significant involvement of jobs.

The agreements reached with Turkey will also" rel="dofollow">promote the development of the mechanical engineering and defense industry in Ukraine.

You will be interested