Author`s name Pravda.Ru

USA May Recognize Ukraine As Market Economy By Spring 2002

William Taylor, the coordinator of US aid to new independent countries, announced that the USA may recognize Ukraine as a country with a market economy by spring 2002. The Ukrainian Financial Server quoted him as saying this at a press conference in Kiev. The press conference was devoted to the results of the 10th meeting of the Ukrainian-US committee for economic cooperation. Taylor did not specify concrete terms for making this decision. He explained that this is a legal process and it requires a lot of time. In addition, the US official announced that US President George Bush is considering the possibility of canceling some trade limitations concerning Ukraine, in particular, the Jackson-Vanik amendment.