OREANDA-NEWS. August 14, 2012. The Free Trade Area with the Commonwealth of Independent States will improve Ukraine's balance of payments.

This was started PM Mykola Azarov during talks with leading Ukraine's economic experts.

"We hope that after the ratification of the agreement on establishing the FTA with CIS countries will unfreeze some restrictions on the delivery of our pipes, particularly in Russia, and this will allow us to improve the balance of payments", - said Mykola Azarov.

However, he once again reminded that the shortfall of domestic balance of payments is primarily due to the high price of Russian gas.

In turn, the doctor of economic sciences, Oleksandr Sharov said that the FTA with the CIS - this is a good opportunity for domestic businesses to show their real capabilities.

"The introduction of the FTA with the CIS - is a real opportunity for our business to show their competitiveness" - the expert said.

During the meeting, leading economists have also attempted to find mechanisms to counteract the influence of the negative global economic trends on the Ukrainian economic.