High Level U.S. Department of Commerce Team Arrives in Kyiv

KIEV, Ukraine -- Ukraine has been working to receive Market Economy Status from the U.S. government for several years. From all indications around Washington this may actually happen very soon, according to The Action Ukraine Report.

Deputy Secretary David Sampson

A high level U.S. Department of Commerce team, headed by the number two person at the department, Deputy Secretary David Sampson, was reported to have left Washington on Wednesday afternoon and will arrive in Kyiv today.

Experts in Washington on Ukrainian matters believe that this is a very positive sign that Market Economy Status could be granted to Ukraine even yet this week.

At a press conference in Dnipropetrovsk, Ukraine, yesterday, President Victor Yushchenko said in a few weeks the United States would recognize Ukraine as market economy, according to the President's press- office.

The president reiterated that Ukraine had observed all necessary procedures and answered all questions posed by the American side. "Professional comments about economic materials received from Ukraine make us hope Ukraine will be recognized as market economy in a few weeks," he said.

News reports from Kyiv Wednesday said that presidential advisor, Kostiantyn Tymoshenko, chief of the main service of external policies of the Secretariat of the President of Ukraine, also stated that Ukraine hopes the United States of America will grant it the market economy status in March.

According to Tymoshenko, "the American side didn't forget the matter and the US Department of Commerce is working it out". "According to the information we possess the issue will be shortly settled", he said.

The U.S. Department of Commerce delegation from Washington was reported to have included, in addition to Deputy Secretary David Sampson and his chief of staff, the Assistant Secretary for Import Administration, David Spooner, and his senior advisor, and the Commerce Department's top Ukraine specialist, Christine Lucyk, Senior Policy Advisor, Office of Russia, Ukraine and Eurasia for the International Trade Administration (ITA).

The U.S. Department of Commerce team will have a series of meetings with top officials in the Ukrainian government.

The American Chamber of Commerce in Ukraine (ACC) will host the Deputy Secretary of the U.S. Commerce Department Dr. David A.Sampson at a general membership meeting on Friday, February 17, from 5:00 p.m. to 6 p.m. in Kyiv.

According to the American Chamber of Commerce in Ukraine website, "Dr. Sampson will brief the membership about trade and economy related issues from the perspective of the United States. Deputy Secretary Sampson is the most senior Commerce Department official to visit independent Ukraine sending a signal that the United States stands ready to work closely with Ukraine to further develop strong trade and economic ties."

Ukraine was expecting to be granted the market economy status by the USA by Thursday, February 16. Maybe that will happen soon thereafter.

Source: The Action Ukraine Report