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Ukraine intends to create free trade zone with Libya

ForUm | 21 July 2009

Ukraine intends to create free trade zone with Libya

Ukraine and Libya are interested in boosting bilateral goods turnover, Prime Minister Yulia Tymoshenko and Secretary of the General People’s Committee of Libya al-Baghdadi Ali al-Mahmudi said at a meeting of the Ukraine-Libya Cooperation Commission in Kyiv on Monday.

According to Yulia Tymoshenko, bilateral goods turnover doubled in 2009 year-over-year, ForUm informs, referring to UkrInform.

She noted that yesterday’s meeting of the committee may serve a starting point for removing trade barriers between the states that may lead to the creation of free trade zone.

Answering the question of al-Baghdadi Ali al-Mahmudi about the necessity to simplify visa regime between Ukraine and Libya, Yulia Tymoshenko said that Ukraine intends to launch this work.

"At the next meeting of our committee we will set a task to sign a range of documents. This is a Memorandum of Understanding to simplify visa procedure, especially for students, patients and tourists," she stressed.

 source: ForUm