Home / Knowledge / News / EU, Ukraine FTA to be modern for the 21st Century
EU, Ukraine FTA to be modern for the 21st Century
01
Feb '08
EU Trade Commissioner Peter Mandelson met with Ukrainian Prime Minister Julia Tymoschenko. The two reiterated their common ambition to negotiate a deep and comprehensive Free Trade Agreement (FTA).

Commissioner Mandelson accepted the invitation of Prime Minister Tymoschenko to travel to Kiev to launch the negotiations as soon as possible following the formal ratification of Ukraine's WTO membership. Mandelson and Tymoschenko also discussed current bilateral trade issues.

Speaking at a press point following the meeting, Mandelson was optimistic about the potential of an EU-Ukraine FTA: "We will now be able to look towards a deep and comprehensive Free Trade Agreement (FTA) with Ukraine. This will be a modern FTA for the 21st Century, which will be instrumental in promoting mutual trade, investment and economic integration".

Mandelson also took the opportunity to congratulate Tymoschenko and her team on the new impetus that they gave to Ukraine's WTO accession, as a result of which the WTO is due to formally endorse Ukraine's membership on 5th February. Just two weeks earlier Mandelson and Ukrainian Vice Prime Minister Hryhoriy Nemyrya had worked out the final details in their discussions on Ukraine's accession to WTO.

Background:
The EU completed its bilateral negotiations with Ukraine on its WTO accession in 2003. It has since then continued to work with the Ukraine in the multilateral working group that considers all applications for WTO membership on a number of issues, including guarantees concerning agreed reductions in export duties on some raw materials. The EU will now begin negotiations for a comprehensive free trade agreement with Ukraine.


Must ReadView All

May 31 deadline for registration of chemicals under REACH

Textiles | On 23rd May 2018

May 31 deadline for registration of chemicals under REACH

May 31 is the final deadline for companies to register all chemicals...

US cotton production projected to decline in 2018: USDA

Textiles | On 23rd May 2018

US cotton production projected to decline in 2018: USDA

US cotton production is forecast at 19.5 million bales, nearly 7 per...

Pakistan's textile exports up 8.13% in July-April FY18

Textiles | On 23rd May 2018

Pakistan's textile exports up 8.13% in July-April FY18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search