Ukraine and Moldova have introduced new provisions into the bilateral free trade agreement

On 28 August Prime Minister of Ukraine Denys Shmyhal and the Prime Minister of Moldova Natalia Gavrilița signed a Protocol between the Cabinet of Ministers of Ukraine and the Government of Republic of Moldova amending the Free Trade Agreement (FTA).

Thanks to that amendment the two parties will apply the pan-Euro-Mediterranean preferential rules of origin for the goods traded between two countries. As a result the bilateral trade between Ukraine and Moldova will extend the free trade regime for the goods made of the parts originating from other European countries.

 

“The transition to these rules of origin unites the Ukrainian and Moldovan Association Agreements with the EU into one system. A year ago, we took such a step with Georgia. Now, we are combining the trade regimes of all the countries of the Associated Trio with each other and with the EU”, – explained Denys Shmyhal.