meeting of Heads of government of member countries of the Organization for Democracy
and Economic Development GUAM in the framework of the summit, which takes place
for the first time at the level of Heads of government in Kyiv at the
initiative of Prime Minister of Ukraine Volodymyr Groysman, the parties discussed ways of deepening
cooperation between Georgia, Ukraine, Azerbaijan and Moldova in the economic
and transport sectors.
Groysman stressed the prime importance of effective collaboration
among the GUAM participating countries, particularly in economy and trade.
is to enhance the efficiency of our cooperation. Economic partnership as a
component of our cooperation is of great importance. The fact that today we must
settle two major issues will be a serious, bold step forward enabling us to
deepen our cooperation: first is to trigger to an overall implementation of The
Free Trade Agreement and it concerns our cooperation in transport domain and realization
of the idea of a transport corridor in the GUAM framework”, he emphasized.
PM noted positive growth in 2016 of the volume of trade in goods and services
between Ukraine and the GUAM member countries that had amounted to USD 1.7
billion U.S. This figure does not demonstrate the full potential of trade
relations between the countries, highlighted Volodymyr
The Head of
Ukrainian Government accentuated on the progress achieved this year in
preparing of additional protocols to the Agreement of the establishing of a
free trade area within the GUAM framework.
In this regard
he called on the ministries of economy of the four countries to finalize and
sign the necessary additional protocols in the near future, thereby providing
the opportunity already in 2017 to launch a free trade mechanism among the GUAM
that these actions will certainly bring about the improved performance of our
trade partnership that will have a positive impact on the economies of our
countries," he assures.
parties focused on the prospects of development of transport infrastructure of the
countries, namely in the framework of the New Silk Road project.
link, transport corridors connecting our countries possess a special strategic significance”,
said Volodymyr Groysman. “When
we are capable to build efficient transport links – railway networks, roads,
ports - we will improve the quality of our interaction".
The Head of
Ukrainian Government also stressed on the significance of the Trans-Caspian
International Transport route. In this context, he praised the increase of
volumes of rail transportation in the last three years and expressed Ukraine's
interest in participation in the Trans-Caspian International Transport route
fact that firstly at the time of the format we are holding today a summit of
heads of government is a very clear signal that we pay due attention to our cooperation”,
stressed the Prime Minister of Ukraine, adding such renewed format is significant
for each party and emphasizes the interest of each participating country in
of the countries emphasized on the positive results of the first GUAM business
forum which is held in the framework of the summit.
meeting can be regarded as a collective response of GUAM members to the
specific challenges and opportunities opening up for our countries in economic
cooperation, in particular in such key sectors as trade and transport. The
implementation of the Free Trade Agreement, the concept of the GUAM transport
transit corridor won’t just contribute to a more dense use of the potential of
cooperation between the countries, but also to the use of geographical
advantages for the benefits of the countries as a bridge connecting Europe and
Asia, as well as the use of its huge transit potential", summed up GUAM
Secretary General Altai Efendiev.