Zelensky announces Ukraine-Israel free-trade agreement to take effect in January
Ukrainian President Vladimir Zelensky and Israeli Prime Minister Netanyahu in Israel, Jan. 24, 2020.
(JNS) - A free trade agreement between Israel and Ukraine will take effect beginning Jan. 1, Ukrainian President Vladimir Zelensky posted on his Twitter account. Relations between our countries are rising to a new level, he wrote. This gives a green light to Ukraine s export growth, and creates closer cooperation in the fields of high-tech, engineering and investment.
Originally signed in January 2019, the agreement promotes the development of bilateral trade and economic cooperation between the two countries, and reduces tariffs on Israeli exports to Ukraine and on Ukrainian imports.