OREANDA-NEWS. Ukraine will feel significant economic favors after concluding the Association Agreement and DCFTA with the European Union. Prime Minister of Ukraine Mykola Azarov declared during the IV International Black Sea Economic Forum in Yalta.

“From creating a free trade area with the EU economic advantages in perspective for Ukraine are evident,” Mykola Azarov said.

He reminded that after signing the Association Agreement and creation of FTA the European Union would practically remove import duties from almost 97% commodity items. At this Ukraine preserves certain level of protection which is to act during five years of the transition period.