Tuesday, December 8, 2015

Free Trade Zone of Ukraine and Israel opens new prospects for Ukraine's agriculture

Vladyslava Rutytska, the Deputy Minister of Agrarian Policy and Food of Ukraine on European Integration, reported during a meeting with the agrarian societies, unions and business associations of Ukraine, the Ukrainian producers should be supported by the Government on the international market. 
The main purpose of the event was to take into account the national interests in the framework of the free trade agreement between Ukraine and the State of Israel.
During the meeting, the national agricultural producers received the important information on the main tools which the State of Israel uses for the protection of the domestic market, particularly, on the rates of the import duties and tariff quotas.

“Today, we are discussing the list of goods, which the State of Israel imports in a significant volume and the list of the major agricultural products’ suppliers to Israel, which would be Ukraine’s competitors on the market. For instance, this is the matter of frozen beef and fish frames, eggs, grain, wheat flour etc. It is important for the Ukrainian agricultural producers to be protected and to benefit from the establishment of theFree Trade Zone between the two countries,” the Deputy Minister stressed.
In the course of the meeting, the participants discussed the further issues of increasing the Ukrainian products’ export to Israel.
“Moreover, we find it very important to consider the issue of the degree of Ukrainian internal market liberalization, and to define the sensitive groups of goods which need to be protected in the competition with the goods from the State of Israel,” Vladyslava Rutytska stressed.
For reference: The share of Israeli export of goods, for 10 months of 2015, has comprised 2.6%. The share of Israel in the import of goods, for 10 months of 2015, has accounted for 0.21 %. Israel is in the TOP-20 countries of the biggest Ukrainian partners, in terms of trade turnover (and holds the 15th position) and is ranked the 13th in exports and the 63rd in imports.
Ukraine exports to Israel a wide range of agricultural products, namely: crops (corn, wheat, barley etc.), soy, wheat flour, vegetable oil, eggs etc.



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