Ukraine, Israel agree to introduce free trade area by July

21:57, 22 December 2015
Economy
281 0

Ukrainian President Petro Poroshenko announces that Ukraine and Israel have agreed to introduce a free trade area in the first half of 2016, according to an UNIAN correspondent.

Ukraine and Israel have agreed to conclude a free trade agreement by July 2016 / Photo from segodnya.co.il

"We've agreed to considerably accelerate the conclusion of an agreement on free trade between and Israel – we've agreed it must happen in the first half of next year," he told reporters in Jerusalem on Tuesday. 

Poroshenko is on a state visit to Israel on December 22-23, 2015.

The agenda of the visit provides for a meeting with President of the State of Israel Reuven Rivlin, Prime Minister Benjamin Netanyahu, Speaker of the Knesset Yuli Edelstein and Patriarch Theophilos III of Jerusalem.

Poroshenko is to deliver a speech in Israel's Parliament.

A number of bilateral documents are to be signed during the visit. 

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