Ukrainian President Meets Georgian FM

Ukrainian President, Viktor Yanukovych, met on June 11 with Georgian Foreign Minister, Grigol Vashadze, who pays a working visit to Kiev.

"We are eager to further develop cooperation with Georgia and our mutually beneficial trade and economic relations," Yanukovych said, adding that a potential for increasing economic cooperation between the two countries was not fully used.
 
"We believe that there are promising opportunities to develop our trade and economic relations and create favorable conditions for growth of the turnover between Ukraine and Georgia," he said.

Yanukovych also said that inter-governmental commission of Ukraine and Georgia should elaborate concrete steps on how to boost trade and economic ties between the two countries.

Ukraine was Georgia’s third largest trading partner with USD 502.3 million, down from USD 791,8 million in 2008. In the first quarter of 2010 trade turnover between Georgia and Ukraine was USD 127 million – the third after Turkey and Azerbaijan, according to the Georgian statistics agency.

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