Ms Nína Björk Jónsdóttir, Minister-Counsellor and Deputy Permanent Representative of Iceland to the International Organisations in Geneva, acted as the EFTA Spokesperson, while Mr Vyacheslav Tsymbal, Director, Department of Market Access and WTO Cooperation, led the Ukrainian delegation.
The Joint Committee, which last met in May 2013, welcomed the continued smooth and effective implementation of the EFTA-Ukraine FTA. The FTA entered into force on 1 June 2012 and has comprehensive coverage, including trade in goods (industrial and processed agricultural goods, fish and other marine products), trade in services, investment, protection of intellectual property rights, government procurement and provisions on competition, whilst bilateral agreements linked to the FTA cover trade in basic agricultural products.
During this second Joint Committee meeting, delegations discussed possible improvements to the FTA in certain areas, notably trade in goods and trade and sustainable development.
Meeting on the same day, the Subcommittee on Rules of Origin, Customs Procedures and Trade Facilitation exchanged views on the latest developments and possible updates in a number of areas pertaining to rules of origin and trade facilitation.
EFTA-Ukraine merchandise trade was valued at USD 580 million in 2016. Among EFTA’s leading exports to Ukraine were fish, pharmaceutical products and mechanical appliances. The main import items from Ukraine were precious stones and metals, as well as woven apparel and clothing accessories.