KIEV, May 16 ??“ Ukraine is holding informal talks with the European Union on the creation of a free trade zone, Economy Minister Anatoliy Kinakh said during hearings in Parliament.

He said that such talks were being held as part of the drafting of a new Ukraine-EU cooperation agreement and are aimed at intensification of cooperation with the EU.

"Today Ukraine as a state is holding informal talks with the European Union on the creation of the free trade zone," Kinakh said.