Azerbaijan and Ukraine intend to drive mutual trade to $ 1 billion in the near future, according to the data of the Ministry of Economic Development and Trade of Ukraine, the portal Trend reported on August 2, agravery.com reported.
According to the State Statistics Service of Ukraine, the trade turnover between Ukraine and Azerbaijan totaled $ 772.1 million in 2017, which is 2.7 times more than in 2016. At the same time, mutual trade turnover in January-May of this year was $ 356.72 million (+ 43%).
It is noted that in June of this year, the first Trade House of Azerbaijan was opened in Ukraine (Kyiv city). In general, the countries identified priority sectors of the economy for joint investment and production cooperation, in particular, in the chemical industry, engineering and agro-industrial complex.
It bears reminding that on August 1, 2018, Ukraine and Israel completed the legal verification of the draft text of the Free Trade Agreement.