The Comprehensive Economic Partnership Agreement between Ukraine and the United Arab Emirates (UAE) establishes free trade between the two countries and liberalizes access to goods markets. This will make it easier for Ukrainian agricultural companies to sell their products in the UAE, reported Minister of Agrarian Policy and Food Vitaliy Koval.
"Ukrainian companies, particularly those in agriculture, will find it easier to sell their products in the UAE. They will benefit from predictable trading conditions and the removal of barriers to export and investment. All of this will increase trade turnover between the two nations," he stated in a telegram.
Koval emphasized that due to the efforts of the president, the government team, and the Ukrainian embassy in the UAE, markets for Ukrainian products have opened without the payment of import duties. These include: beef, lamb, dairy products, and processed food items. Therefore, the Ministry of Agrarian Policy and Food continues to work on the development of livestock breeding and deep processing.
"I am confident that the Comprehensive Economic Partnership Agreement between the two countries marks a new era of opportunities, cooperation, and economic prospects. It provides Ukrainian producers with the chance to access new markets and establish joint ventures in Ukraine with Emirati companies. For our agricultural sector, this is yet another significant victory," the Minister of Agrarian Policy concluded.