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The Cabinet of Ministers of Ukraine initiated the creation of a tripartite commission involving the European Union and the Russian Federation.
The document notes that the decision was made in order to take measures to ensure the national security of Ukraine, to initiate a more detailed study of the measures to be taken to recover the lost production volumes and directions of trade and economic relations with the Russian Federation and other states - members of the Commonwealth of Independent states, the formation of an adequate level of domestic market, which would ensure fair relations between Ukraine and the states - members of the European Union.
The Cabinet instructed the Ministry of Foreign Affairs, the Ministry of Economic Development and Trade, and the Ministry of Industrial Policy to offer the European Union and Russia to set up a commission on a tripartite basis to solve the issues aimed at restoring the lost production volumes and directions of economic and trade relations, enhancing and promoting international trade, furthering market liberalization, harmonizing the regulatory framework to improve the conditions of doing business.
The ministries were also instructed to restore an active dialogue with the Russian Federation and other countries of the Customs Union and the states - members of the Commonwealth of Independent States to revive trade and economic relations in order to maintain and strengthen the joint efforts of the economic potential of the state.