Economy 2022-11-15T08:36:44+02:00
Ukrainian news
Rada Refuses To Ratify Trade Agreement With Thailand

Rada Refuses To Ratify Trade Agreement With Thailand

Verkhovna Rada, ratification, Thailand, trade agreement

The Verkhovna Rada refused to ratify the trade agreement with Thailand.

176 MPs voted for the adoption of the corresponding bill No.0170, and 206 MPs voted for the return to the repeated first reading with a minimum of 226 required, Ukrainian News Agency reports.

Thus, the bill is considered rejected.

The agreement was signed in Bangkok (Thailand) on June 5, 2017.

The document provides for the establishment of a joint commission on trade issues, headed by the Minister of Economic Development and Trade of Ukraine and the Minister of Commerce of Thailand.

The Commission should meet once a year.

According to the document, Ukraine and Thailand encourage the opening of representations of foreign trade organizations, companies, firms, banks and other commercial institutions in the territories of countries.

Also, Ukraine and Thailand encourage and facilitate contacts between individuals and legal entities of their countries, in particular through the exchange of delegations and entrepreneurs, organization of fairs and exhibitions.

As Ukrainian News Agency earlier reported, in October 2016, the Cabinet of Ministers approved a draft intergovernmental trade agreement with Thailand.

Больше новостей о: Verkhovna Rada ratification Thailand trade agreement