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Ukraine wants free trade zone with Hungary

Ukrainian President Viktor Yushchenko told Hungarian Speaker of Parliament Katalin Szili he would like to see a free trade zone between Ukraine and Hungary, which is a European Union member, wire service RIA Novosti reported on Wednesday.

The two met in Kiev, where Szili is on the second day of an official visit. Yushchenko called for designing a policy leading to a swift transition to a free trade regime. The Ukrainian president also said he was trying to establish a free trade zone with the EU and sign an associated membership agreement in 2007.
Reporting from Brussels, Reuters said that the European Commission was willing to consider a free trade agreement with Ukraine, and would begin talks on the subject next year. It did add the caveat that the free trade agreement was dependent on Ukraine joining the WTO.