State is to initiate new business support mechanisms, in particular, export crediting, Prime Minister Mykola Azarov said at the Cabinet’s meeting, ForUm correspondent reports.

"The government is actively creating new possibilities for access of Ukrainian goods to foreign markets. We are constantly working on the preparation and signing of free trade agreements with individual countries and groups of countries," Azarov said.

Prime Minister recalled that free trade area agreements between Ukraine and the European Free Trade Association and the CIS have entered into force in 2012. "We have greatly advanced in negotiations with Canada, Turkey, Serbia, Israel, Vietnam and Singapore. We study the benefits for Ukrainian companies from signing agreements with Egypt, India, the Gulf states," he informed.
In addition, according to him, the state is to initiate new business support mechanisms, such as export credits.

"Our exporters will not win the competition without strong specialized financial and credit support. I am confident that together we will soon be able to build a system of export support, under which foreign buyers will receive Ukrainian commodity loans for the purchase of Ukrainian aircraft, ships, turbines, compressors, mining machines, etc. In general, monetary policy should be aimed at supporting and promoting of Ukrainian goods in the world markets," Azarov summed up.

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