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

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

New Pashmina Dehairing Plant to come up in Leh

A new Pashmina Dehairing Plant will be installed at Leh to increase...

Apparel/Garments | On 25th Mar 2017

Net sales at Christopher & Banks fall 10% in Q4

Net sales totalled $85.0 million for the fourth quarter ended January ...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search