The Ukrainian government launched a procedure for making changes into Free Trade Agreement with Georgia. Evropeyskaya Pravda reported the information based on the press service of Ukrainian Ministry of Economic Development.
According to Ministry of Economic Development, the changes will give the possibility to Ukraine and Georgia to use the Regional Convention on Pan-Euro-Mediterranean Preferential Rules of Origin, namely the diagonal cumulation between the EU, EFTA States, Turkey, and the countries which signed the Barcelona Declaration, the Western Balkans and the Faroe Islands.
Ukraine became a member of Regional Convention on Pan-Euro-Mediterranean Preferential Rules of Origin on February 1, 2018, while Georgia jointed it in May of 2017. It is based on a network of Free Trade Agreements having identical origin protocols.