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Medvedev approves Russia-Ukraine protocol on commodity supplies in 2014

November 28, 2013, 10:25 UTC+3 MOSCOW

The signing of the protocol will permit to retain industrial ties between Russia and Ukraine

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MOSCOW, November 28. /ITAR-TASS/. Russian Prime Minister Dmitry Medvedev has approved the Russian-Ukrainian intergovernmental protocol on commodity supplies within industrial cooperation in 2014, the Russian government’s official website reported on Thursday.

The agreement on common terms and mechanism of support to the development of industrial cooperation among enterprises and industries of the CIS states was signed in Ashgabat, Turkmenistan’s capital, on December 23, 1993. The bilateral intergovernmental agreement on industrial cooperation with Ukraine was concluded on April 24, 1998 in Kiev.

“The executive authorities of the countries determine the range of commodities and the amounts of supplies, which the economic entities in Russia and Ukraine are making within industrial cooperation, as well as economic entities for the concrete year,” the government said. “Within industrial cooperation the supplies of raw materials, other types of material, units, component parts, services, technologically interrelated and needed for joint production of end products, which are not produced in Russia and Ukraine or produced in the quantities, which do not meet the domestic market demand, are made on the basis of direct industrial ties,” the government said.

“The signing of the protocol will permit to retain industrial ties between Russia and Ukraine and expand traditional sale markets of the produce of the two countries,” the Russian Cabinet noted.

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