On October 2020, Ukraine and the UK signed the Agreement on Political Cooperation, Free Trade, and Strategic Partnership. This is the first of its kind deal between the two countries which will help to deepen the trade and bring cooperation to a brand new level.
The deal envisages a comprehensive preferential free trade agreement covering goods, services, tariffs and quotas.
The agreement encompasses the cooperation in such sectors as energy, mining, manufacturing, agriculture, information society, environment.
The British side sees tremendous opportunities in the defense and nuclear sectors, food and beverages, automotive industry, aerospace and agtech.
Britain will also have its Special Envoy for trade with Ukraine, which signifies a serious interest in bilateral economic cooperation with our country.