KIEV, Feb. 15 – Ukraine's joining the World Trade Organization would have moderately positive consequences for many sectors of its economy, the results of which would be felt in five to seven years, according to a report drawn up by Vitaliy Vavryschuk, an analyst from Kiev-based Dragon Capital Investment Company.

According to the expert's forecast, the fall in trade barriers after Ukraine joins the World Trade Organization would promote cheapening of raw materials and expanding markets for domestic producers, which, in turn, would evoke an additional rise in domestic production by 1%. In addition, the improvement of investment climate and competition would stir up investment activities of companies, which would additionally increase production by 2-3% in the medium outlook.