Creating a free trade area with the European Union will positively influence the development of the Ukrainian economy, economic development and trade minister of Ukraine Ihor Prasolov said during the First International Business Conference “ABC: Ukraine & Partners”.

"Since the entry into any area of free trade is a question of agreements, the question of any balance, we have been well aware of this fact when conducted negotiations with the EU on this matter. We have been doing this step consciously, we have analyzed everything, and came to the conclusion that it ill be an advantage for Ukraine," the minister said.

Thus, according to him, now concrete steps are worked out for the government to be done to ensure that domestic economy could feel the positive effects from the FTA with the EU as soon as possible.

"You will see that when it's all done, it will be good for our producers. I think we are going the right way," Prasolov noted.


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