KIEV, July 30 – The implementation of an agreement on a free trade zone within the Commonwealth of Independent States will have a positive impact on the Ukrainian economy, according to a financial and economic feasibility report prepared by the government.

The implementation of the agreement is expected to facilitate GDP growth by 2.5%, reads the document.

"The increase in one integral indicator alone – gross domestic product - will be about UAH 37.5 billion. An additional increase in receipts of the national budget could amount to around UAH 9.4 billion per year," reads the report.