Zelenskyy signs law ratifying free trade agreement with Türkiye

Ukrainian President Volodymyr Zelenskyy has signed a law ratifying the Free Trade Agreement with Türkiye, Report informs, citing Ukrainian media.

The relevant information was published on the website of Ukraine's Verkhovna Rada.

The agreement is aimed at developing bilateral economic cooperation, expanding sales markets for Ukrainian producers, creating new business opportunities, and developing and modernizing local production.

The Free Trade Agreement was signed in Kyiv on February 3, 2022, by Ukrainian Prime Minister Denys Shmyhal and Turkish Trade Minister Mehmet Mus following 12 rounds of negotiations held in 2011-2022.

Türkiye's parliament ratified the document in early August 2024, while Ukraine's Verkhovna Rada ratified it on July 14, 2026.

The agreement will enter into force after domestic procedures are completed and the two countries exchange instruments of ratification.