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Prime Minister of Ukraine and President of Turkey Recep Tayyip Erdogan agreed to implement a number of economic projects
14.03.2017 | 20:12

While in Ankara with official visit, Prime Minister of Ukraine Volodymyr Groysman reached agreements with Turkish President Recep Tayyip Erdoğan to enhance economic cooperation between the two countries, in particular to implement a number of projects.

Increasing of collaboration between the two States in trade and economic sphere is viewed one of the key prerequisites for the successful development of strategic partnership, noted the Head of Ukrainian Government.

In this regard, Volodymyr Groysman noted that the signing of the Free Trade Agreement between Ukraine and Turkey on mutually beneficial conditions would boost the trading process.

It is of the utmost importance to sign the renewed Agreement on the avoidance of double taxation and an Agreement on reciprocal protection of investment, stressed Volodymyr Groysman.

He also emphasized on the need to summon by the end of 2017 in Ankara the 11th meeting of the bilateral Intergovernmental Commission on Trade-Economic Collaboration.

Moreover, the parties touched upon cooperation in the defense and aerospace industries.

Volodymyr Groysman noted that Ukraine has a closed-loop production cycle of passenger and transport aircrafts. The experience of production of aircraft An-148/158 may be used in the project of creation of a Turkish medium range aircraft.

The Prime Minister of Ukraine called on the Turkish side to deepen cooperation in the energy sector, in particular to attract Ukrainian companies to participate in the construction and modernization of gas storage facilities.

The focus of the talks was partnership in the transport sector. The top officials of the two States agreed to expand the network of airline routes connecting the two countries, including opening new flights from Ukraine to the tourist centers of Antalya and Izmir.


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