KIEV (Sputnik) – Turkey's Ambassador in Ukraine Yonet Can Tezel said earlier this month that Ankara expected to round off negotiations on creating a free trade zone with Ukraine by the end of this year or in 2017.
"The sides agreed to intensify negotiations regarding a free trade zone and discussed the order of future high-level contacts," the statement, published on Poroshenko's website, read.
Turkey is one of the ten largest trade partners of Ukraine. The decision to form a free trade zone between the two countries was taken in 2010, though negotiations were suspended in 2013. In March of this year Ukraine and Turkey resumed talks.
The objective of the countries is to increase trade turnover between Kiev and Ankara up to 20 billion dollars by 2020.