Belarus to stay in free trade zone with Ukraine

Belarus will not follow Russia’s example and will not leave the free trade zone with Ukraine on January 1, 2016, UNIAN reports quoting Ukraine’s trade representative Nataliya Mikolskaya.

A Ukrainian delegation is discussing trade issues in Belarus now. The removal of restrictions in mutual trade is being discussed at the moment, the Belarusian MFA press service reports. Senior deputy Minister for Foreign Affairs Alyaksandr Mihnevich is the head of the Belarusian work group and deputy Minister for Economic Development and Trade Nataliya Mikolskaya is the head of the Ukrainian work group.

“All the sore points have been discussed at the meetings. The Republic of Belarus will not leave the FTZ with Ukraine,” the Ukrainian official wrote on Twitter.

The free trade zone exists in the Commonwealth of Independent States. Russia is leaving from this zone with Ukraine on January 1, 2016. The trade and economic part of the Association Agreement between the European Union and Ukraine will come into force on this day.

Photo: rstk.by