11:25 GMT +318 October 2019
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    Turkey's President Recep Tayyip Erdogan and Ukraine's President Petro Poroshenko shake hands during a welcoming ceremony in Ankara.

    Ukraine, Turkey Agree to Boost Ties in Economy, Trade, Industry

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    Ukraine and Turkey agreed to launch a number of joint projects in trade and industry on Friday, the Ukrainian government said in a series of statements published on its web-portal.

    MOSCOW (Sputnik) — The blueprint signed by Ukrainian Vice Prime Minister Hennadii Zubko and Turkish Defense Minister Ismet Yilmaz follows guidelines set in the bilateral declaration on strategic partnership signed in March in Ankara.

    "The minutes of the meeting signed by the intergovernmental commission virtually follows strategic roadmap signed by president of the two countries and outlines points of interest in our cooperation to boost trade relations between our countries in all areas," Zubko said, as quoted in one of the statements.

    The blueprint envisions free trade, tax facilitation, business support and joint industrial projects, for example design and construction of new passenger aircraft using facilities of the Ukrainian Antonov Aeronautical Complex.

    Kiev and Ankara also discussed the possibility of Ukraine joining the Southern Gas Corridor project, project, aimed to bring gas from the Caspian Sea to Europe, Zubko added.

    "We discussed possible participation of Ukraine in the vital Southern Gas Corridor project if it proves to be economically rational and ensures non-discriminative access to the facilities," he said.

    Turkey is the second largest importer of Ukrainian goods and its fifth largest trading partner, according to 2015 statistics. However, last year Ukraine recorded 22.2-percent decline in its exports to Turkey.


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