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Ukraine and Guatemala to continue negotiations on free trade

Saturday, 17 August 2024, 12:27
Ukraine and Guatemala to continue negotiations on free trade
Stock photo: Getty Images

Ukraine and Guatemala will continue to work on signing a free trade agreement.

Source: press service of Ukraine’s Ministry of Economy

Details: Guatemalan President Bernardo Arévalo and First Vice Prime Minister of Economy of Ukraine Yuliia Svyrydenko agreed to continue working on signing the Free Trade Agreement during a meeting in the Dominican Republic.

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Guatemala is one of the biggest supporters of Ukraine in Latin America.

Background:

  • More than 2,300 ships have entered Ukraine's Black Sea ports over the past year since the opening of the Ukrainian maritime corridor. The cargo throughput has exceeded 64 million tonnes.
  • Russia and China may switch to barter in their mutual trade in the autumn due to problems with bank payments caused by Western sanctions.

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