Tymoshenko delivers on promises in “contract with investors”
17 January 2008 Filed in: press
releases
Published by iBYuT
Within a month of forming her coalition government, Ukrainian Prime Minister Yulia Tymoshenko is already delivering on promises made in her “Contract with Investors” by advancing trade opportunities with the WTO and the EU. In what EU Trade Commissioner Peter Mandelson called an "historic day, a very important breakthrough for Ukraine,” Tymoshenko’s newly-formed government cleared the way for WTO accession and an EU Free Trade Agreement (FTA) by achieving a mutually satisfactory compromise on export tariffs between the EU and Ukraine.
Within a month of forming her coalition government, Ukrainian Prime Minister Yulia Tymoshenko is already delivering on promises made in her “Contract with Investors” by advancing trade opportunities with the WTO and the EU. In what EU Trade Commissioner Peter Mandelson called an "historic day, a very important breakthrough for Ukraine,” Tymoshenko’s newly-formed government cleared the way for WTO accession and an EU Free Trade Agreement (FTA) by achieving a mutually satisfactory compromise on export tariffs between the EU and Ukraine.
To achieve this breakthrough, Vice Prime Minister for
European Integration Hryhoriy Nemyria travelled to
London to meet with Commissioner Mandelson.
Following the meeting, Commissioner Mandelson said in
a statement that he and Vice Prime Minister Nemyria
had “sealed the final terms of the agreement” for
Ukraine’s entry into the WTO and an FTA with the
EU. He added, “This is the first step toward
greater Ukrainian integration with the global and the
European economy.” The EU is Ukraine’s largest
trading partner and its largest market.