OREANDA-NEWS. June 07, 2013. The Cabinet of Ministers of Ukraine has set up a High-Level Group for deepening cooperation with the Customs Union and states-participants of Single Economic Space, and also an interdepartmental expert group for development recommendations and mechanisms directed to deepening cooperation of Ukraine with the Customs Union and Common Economic Space. This was announced by Prime Minister Mykola Azarov during a session of the Government.

“Our task is to determine which agreements are favourable for us to join, taking into account the national interests of Ukraine,” Mykola Azarov stressed.

He informed that the expert group had analyzed 95 out of 118 agreements in effect in the Customs Union: “Factor analysis of effects of cooperation with the Customs Union’s countries proves that there will be ensured stirring up of economic development, activization of use of transit potential, creating of new workplaces”. 

The Premier emphasized, in the first place the experts were elaborating a complex of measures directed to decrease of technical barriers and ensuring available access for the national products to the customs territory of the countries of the Customs Union. “Ukraine takes the lead in such events, as they afford improvement of trade balance, broadening of cooperation ties, creating of additional working places,” added the head of Government.