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. Last Updated: 07/27/2016

Polish-Ukrainian Trade

WARSAW -- Ukrainian Prime Minister Pavlo Lazarenko said Tuesday in Poland that the two countries were working toward a trade agreement that could boost exchanges by $500 million in 1997.

Lazarenko said after a meeting with Polish President Alexander Kwasniewski in Warsaw that completing the deal had been the most important theme of their talks.

He said Polish-Ukrainian trade had reached $1.5 billion in 1996, the largest such bilateral exchange in the region.

"If only this [agreement] can be concluded in the first half of this year, then during the current year we can increase trade exchanges by $500 million," Lazarenko said at a press conference.

Kwasniewski and Ukrainian President Leonid Kuchma signed a memorandum in January, similar to the one Poland inked last year with Russia, concerning their desire to liberalize trade and create a free trade zone.