Ukraine to form free trade zone with USA

Strategic line of President of Ukraine Viktor Yushchenko is an initiation to form free trade zone with all Ukrainian strategic trade partners. Deputy Head of the President’s Secretariat, Olexander Chaly, has stated at a briefing on Monday, ForUm’s correspondent reports.

Chaly informs that about 10 months ago Yushchenko sent a letter to the US President, with a proposition to start discussion on possible formation of the free trade zone between Ukraine and the USA.

“We consider the answer as positive. Now we sign an agreement on trade-investment cooperation. Within the framework of this cooperation the Ukrainian-American council for trade and investments will be formed. And I’m sure that this council will be headed by Ministers of Economy of two countries and practical dialog on our trade-investment regimes in the direction of the free trade zone formation between Ukraine and the USA will start,” Chaly noted.

Besides, Chaly states that all documents, which will be signed within the visit of US President George Bush to Kyiv, concern the cooperation of Ukraine and the USA in the technological areas.