The Verkhovna Rada of Ukraine ratified the Agreement between the Cabinet of Ministers of Ukraine and the Government of the Republic of Korea on Trade Navigation and the Protocol to the Agreement between the Cabinet of Ministers of Ukraine and the Government of the Republic of Korea on Trade Navigation

20 May 2009, 11:00

Pursuant to the Agreement, each Contractual Party treats the ships of another Contractual Party as its own ships engaged in the international carriage.

The Agreement is signed for five years with possible automatic prolongation for the next five years, unless any of the Contractual Parties notifies another Contractual Party about its intention to terminate the agreement in a written form six months before the termination of the agreement.  

A relevant Bill was registered under Reg. No. 0127.