Ukraine's government terminates trade agreement with Syria
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On March 28, 2023, the Cabinet of Ministers of Ukraine (Ukrainian government) approved the draft law on the termination of the intergovernmental agreement between Ukraine and Syria on trade, economic and technical cooperation.
The press service of the Ministry of Economy reported this.
The government also passed an order to submit a draft law on the termination of the intergovernmental agreement between Ukraine and Syria on trade, economic and technical cooperation for consideration by the Verkhovna Rada (Ukrainian Parliament).
The corresponding decision was made at the government meeting on March 28, 2023.
"Ukraine terminates any relations not only with the aggressor state but also with russian satellites. We will respond harshly to unfriendly actions towards our state. I would like to remind you that in response to the Assad regime's support for russian aggression and its recognition of the so-called "independence" of the temporarily occupied territories of the Donetsk and Luhansk regions of Ukraine, there was a break in diplomatic relations with the Syrian Arab Republic," – the First Deputy Prime Minister of Ukraine and the Minister of Economy of Ukraine Yuliya Svyrydenko noted.
She mentioned that the President of Ukraine, Volodymyr Zelensky, recently introduced sanctions against Bashar Assad and other high-ranking Syrian officials.
Moreover, interstate documents concerning, in particular, issues of economic relations with Syria should be reviewed and terminated.
It is noted that the agreement between the government of Ukraine and the government of the Syrian Arab Republic on trade, economic and technical cooperation was signed in April 2002 and ratified by the Verkhovna Rada in February 2003.
The agreement envisaged, in particular, such forms and means of cooperation as transferring technologies and know-how, creating joint enterprises, and providing technical assistance for investment projects. The parties also agreed to grant each other the most-favored regime regarding, in particular, customs duties, taxes, and additional charges applicable to imports and exports.
The agreement will be terminated if the Parliament of Ukraine approves the draft law submitted by the government and the law's entry into force.
