The Cabinet of Ministers of Ukraine on Wednesday, February 2, approved a draft agreement on a free trade zone with the government of Turkey, Taras Melnychuk, representative of the Cabinet of Ministers in the Verkhovna Rada, reports on Telegram.

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Ukraine and Turkey will sign an agreement on a free trade zone tomorrow, February 3.

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Recall that the agreement on a free trade zone between Ukraine and Turkey was agreed in 2010..

At the same time, the parties could not agree on the tariffs applied to each of the groups of goods..

In April 2021, during a visit to Ankara, President of Ukraine Volodymyr Zelensky discussed with President of Turkey Recep Tayyip Erdogan the prospects for a Free Trade Agreement between the countries. Then the President of Ukraine assured that a compromise in the interests of the two countries would be found..

Igor Guzhva and Yevgeny Ivanov in the text \? explain why foreign trade liberalization is sometimes best avoided.