The historical change in the geographical structure of Ukrainian exports has occurred, and now the European Union accounts for nearly 40% of Ukraine’s total trade. President of Ukraine Petro Poroshenko wrote this on his Facebook page, commenting on the full entry into force of the EU-Ukraine Association Agreement.
“Over the first six months of this year, Ukraine’s foreign trade in goods and services with the EU countries increased by 22%. The European Union accounts for nearly 40% of our total trade. There has been a historical change in the geographical structure of Ukrainian exports in favor of increasing its volumes to the EU countries. These are the irreversible processes of integration of the Ukrainian economy into the EU market,” the Head of State wrote.
Poroshenko noted that a deep and comprehensive free trade area with the European Union had operated since January 1, 2016. The Ukrainian President also said: “September 1, 2017 is the day that will leave its mark in the history of our strong and independent Ukraine. The EU-Ukraine Association Agreement comes into full force today.”
