Ukraine will change the agreement on FTA with Georgia, and this diversifies our exports

She believes that the implementation of the Pan-Euro-Med Convention in the current free trade zone will expand and diversify Ukrainian exports.

"Georgia is the first country to implement the Pan-Euro-Med Convention in the existing FTA with Ukraine... We begin the procedure for amending the agreement between the Government of Ukraine and the Government of the Republic of Georgia on free trade...In practice, the implementation of the Pan-Euro-Med Convention between Ukraine and Georgia will look like this: in the process of production of goods in Ukraine it is possible to purchase raw materials and components in Georgia, and export products to other member countries of the Convention, using the effect of diagonal accumulation in determining the preferential status of the goods. Ukrainian materials and components can be used in production in Georgia for further export as components of finished products," the Deputy Chairman of the Ministry of Economic Development and Trade explained.