Economic cooperation between Ukraine and the EU is actively developing both at the bilateral level and under multilateral programs, economic development and trade minister Ihor Prasolov said during the Cabinet of Ministers' meeting.

The minister cited the example of the parties' work under the auspices of the EU initiative Eastern Partnership, as well as at the level of cross-border and regional projects.

"After the signing of the Association Agreement between Ukraine and the EU, its key innovative element will start to operate - a deep and comprehensive free trade area. Creating a free trade area is considered by the Ukrainian side as an absolute and the only way to further development of mutually beneficial trade and economic cooperation between Ukraine and the EU," Prasolov noted.

He added that the Ukrainian government implements large-scale projects to prepare the domestic market for new working conditions.

 Reforms are implemented concerning sanitary and phytosanitary measures, technical regulations and standardization, public procurements and state aid.

The minister informed that in 2012 Ukraine focused on the program for implementation of the future Association Agreement between Ukraine and the EU.




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