Vasyl Myroshnychenko, CFC consulting partner and head of the Ukrainian office of Ukrainian British City Club commented at the presentation of the analysis “Audit of Ukrainian Foreign Policy: Ukraine — Great Britain.” The presentation occurred at the Ukrainian Crisis Media Center. The analysis was written by the Institute of World Policy.
Vasyl Myroshnychenko reminded participants that the commodity turnover between Ukraine and Great Britain is currently about 2 billion dollars, but potentially could be larger. British investments in Ukraine, which also equal about 2 billion dollars, could increase as well. In particular, it is desirable to stimulate the export of goods with added value. He also agreed that both countries should begin working on a mechanism for replacing the free trade zone, which will end by the time the UK fully exits from the EU. “I think that the Ukrainian government should begin to raise this issue for discussion with the British government. It is currently not relevant to Britain, because now they are concerned on how to structure Brexit, but I do not see the unpredictable circumstances which may stop FTA validity when Britain exits from the EU,” Vasyl Myroshnychenko said.