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17 February 2016, 15:03

Belarus eyeing EU-Ukraine FTA opportunities

MINSK, 17 February (BelTA) – Belarus and Ukraine are set to take advantage of the Ukraine-EU free trade area in promoting the bilateral relations. This matter was discussed during the fifth session of the Belarusian-Ukrainian Advisory Council for Business Cooperation which was held in Kiev, BelTA learned from the press service of the Belarusian Chamber of Commerce and Industry.

The meeting discussed the main areas of trade and economic cooperation between Belarus and Ukraine, the possibility of taking advantage of the opportunities provided by the Ukraine-EU FTA in the bilateral relations, issues regarding the use in the bilateral trade of the rules to determine the country of origin of the goods in the CIS. The parties also discussed the interregional collaboration, contentious issues regarding the settlements under foreign trade contracts, the main areas of the joint activity of the Chambers of Commerce and Industry.

Partaking in the event was Chairman of the Belarusian Chamber of Commerce and Industry Mikhail Myatlikov, President of the Chamber of Commerce and Industry of Ukraine Gennady Chizhikov, representatives of the Belarusian Ministry of Foreign Affairs, the Ministry for Economic Development and Trade of Ukraine, the Ministry of Agrarian Policy and Food of Ukraine, ten Belarusian and 30 Ukrainian companies.

The next meeting of the Belarusian-Ukrainian Advisory Council for Business Cooperation will take place in Belarus in 2017.

The Belarusian-Ukrainian Advisory Council for Business Cooperation was founded in 2010 to promote trade and economic cooperation between Belarus and Ukraine, expand business contacts and increase trade between the two countries.

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