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Today 20/01/2021 16:37
19:25 23 Nov 2020

Zelenskyi signed a law on Ukraine's withdrawal from agreement between CIS member states

The President of Ukraine Volodymyr Zelenskyi signed the Law "On Withdrawal from the Implementation of Coordinated Antimonopoly Policy" № 995-IX, the Verkhovna Rada adopted on November 5, 2020.

The Office of the President reports.

According to the document, Ukraine withdraws from the Treaty on Implementation of Coordinated Antimonopoly Policy, signed at a meeting of the Council of Heads of Government of the Commonwealth of Independent States in Moscow on January 25, 2000, and ratified by the Verkhovna Rada of Ukraine with reservations by the law of January 16, 2003, № 449-IV.

The agreement contains mechanisms for exchanging information, so there's a risk that the CIS member states will receive information that they can use to exert trade and economic pressure on Ukraine.

Withdrawal from the Treaty will protect the national economic interests of Ukraine, eliminating the mechanism that determines the interstate exchange of information on economic issues.

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