The year 2005 has become the record one in the development of trade and economic relations between Ukraine and the European Union, as declared Ukraine’s Foreign Minister Borys Tarasyuk.

“In 2005 commodity turnover between Ukraine and the EU made 24.1 milliard USD. “This is the biggest index for all years of mutual relations between Ukraine and the EU,” said the Minister.

Tarasyuk underlined that in comparison with 2003 Ukrainian export to the EU countries has increased by 60%, and import from the EU countries to Ukraine has increased by more than 60%.

For the moment, as Tarasyuk said, the share of foreign commerce with the EU makes about 30% and with Russia – more than 29%. “It means that the EU and Russia are the largest trade partners of Ukraine,” said the Minister.


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