Ukrainian Journal reported that Mr Victor Pinchuk owner of the Interpipe Pipe and Wheel Company has expressed hope that the agreement on a free trade zone with the CIS signed by the government will boost pipe and wheel supplies to the Customs Union's markets Russia, Kazakhstan and Belarus.

Mr Pinchuk commenting on the results of a visit of the Ukrainian Premier to the Dniprostal arc furnace melting complex said that "The prime minister said that the agreement on free trade would significantly relax access of pipes and wheels to the markets of the Customs Union. Mr Mykola Yanovych said that under the agreement there would not be exemptions for pipe products."

He said that this is good news for the company. He added that the agreement should be ratified by national parliaments.

(Sourced from www.ukrainianjournal.com)