You're reading: Yanukovych signs Ukrainian-Turkmen agreement on trade and economic cooperation

Ukrainian President Viktor Yanukovych has signed an agreement between Ukraine and Turkmenistan on long-term trade and economic cooperation, the president's Web site reported on Friday.

This agreement was signed by Ukraine and Turkmenistan in Ashgabat on September 12, 2011. The agreement is aimed at developing equal and mutually beneficial trade and economic relations between Ukraine and Turkmenistan, strengthening interbank relations, invigorating investment activities, implementing international programs, and fostering trade and economic cooperation.

The Ukrainian parliament ratified the deal on July 4, 2012.