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Premier orders deputy to analyze outcome of creating FTA with EU

09-01-2014 15:14

Prime Minister Mykola Azarov has instructed Deputy Prime Minister Yuriy Boiko to analyze the implications of a free trade area (FTA) with the European Union; the head of government gave such an order at a Cabinet meeting on Thursday.

"We have to start practical negotiations about the conditions of signing the association and free trade area agreement with the European Union. I instructed to make under the leadership of Deputy Prime Minister Boiko an in-depth sectoral analysis of the implications of creating a free trade area for the domestic economy. We do not need assumptions with our partners. We must speak the language of facts, figures, compelling arguments. Because it is about the very existence of Ukraine as a developed industrial state, which is developing its own modern economy, not the economy of other countries. We cannot omit any risk," Azarov said. He also expressed his belief that understanding will be found with the European partners. The premier put personal responsibility for the development of a package of conditions for the implementation of the association and FTA agreement with the EU on Minister of Economic Development and Trade Ihor Prasolov, Industrial Policy Minister Mykhailo Korolenko, Minister of Agrarian Policy and Food Mykola Prysiazhniuk, Energy Minister Eduard Stavytsky, Minister of Regional Development, Construction and Housing Hennadiy Temnyk and Minister of Infrastructure Volodymyr Kozak.