Ukraine may sign an agreement on free trade area with the countries of the Commonwealth of Independent States (CIS) in January-February 2011, First Deputy Prime Minister, Minister of Economic Development and Trade Andriy Kliuyev told the press on Wednesday.

"The process was delayed a little, but I think we will complete this process by the end of January. As referred to the agreement, I can say that now there is approval by all the departments concerned, and I think that maximum in February we will be ready to consider it," Kliuyev said.

At the same time, he noted that preparations for the signing of the contract have been complicated by problems associated with the work of a single customs union and harmonizing regulations between Belarus and Russia, as well as Ukraine and Kazakhstan.

UKRINFORM