Minister welcomes ratification of FTA by Ukrainian parliament

Turkish Trade Minister Ömer Bolat has hailed the ratification of the free trade agreement (FTA) by the Ukrainian parliament as “another historic milestone.”

Bolat said in a social media post that the Türkiye-Ukraine FTA, which was ratified in Türkiye in 2024, was also ratified on July 14 by the Parliament of Ukraine.

“This important development marks another significant step towards the agreement’s entry into force and opens the door to a new era in the economic and trade relations between Türkiye and Ukraine,” he added.

With the agreement, nearly 90 percent of bilateral trade between the two countries will be liberalized on a reciprocal basis, further enhancing the competitiveness of Turkish exporters in the Ukrainian market, said Bolat.