Ukraine's Verkhovna Rada ratifies free trade agreement with Türkiye

Ukraine's Verkhovna Rada has ratified the free trade agreement between Ukraine and Türkiye, which was signed back in February 2022, Report informs via Interfax Ukraine.

A total of 236 MPs voted in favor of the corresponding law on the ratification of the Free Trade Agreement between the government of Ukraine and the government of the Republic of Türkiye on Tuesday, with a required minimum of 226 votes.

The Turkish Parliament ratified the free trade agreement with Ukraine in early August 2024.

Minister of Economy, Environment and Agriculture Oleksiy Sobolev, during his speech in the Verkhovna Rada, noted that Ukrainian exports to Türkiye last year grew by 23% to $2.7 billion. He added that according to the results of 2025, Türkiye ranked second in terms of export volume of Ukrainian products and third in terms of trade turnover: mutual trade grew to $7.9 billion.

"This confirms that the economic partnership between our countries is developing dynamically, and its potential is significant," the minister emphasized, adding that the free trade agreement will help to better unlock this potential.

He specified that for Ukrainian goods, the agreement provides for full liberalization for 84% of product groups and tariff quotas for 6% of product groups, within which a zero or reduced duty rate is applied.