OREANDA-NEWS.  June 07, 2013. The Customs Union is a new reality of the traditional market for Ukraine. Prime Minister of Ukraine Mykola Azarov emphasized during the meeting of the Cabinet of Ministers of Ukraine.

He reminded that Minsk hosted a session of heads of government of the CIS states, during which, on commission of the President of Ukraine there was signed a Memorandum on deepening of cooperation between Eurasian economic commission and Ukraine. 

“Therefore, we have realized a rather lengthy and complicated negotiation process concerning the format of relations with the Customs Union of Russia, Belarus and Kazakhstan,” Mykola Azarov noted.

At the same time he stressed: “The Customs Union is a new reality of the traditional market for Ukraine. Of extremely significant market on which around 40% or 63 billion dollars of foreign trade turnover of our country falls.” 

According to the head of Government, Ukraine supplies pipes, railroad rails, carriages, space equipment, electrical products, aviation engines, agricultural production etc. to the countries of the Customs Union and to lose such market proves inadmissible.