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U.S. may soon grant Ukraine market economy status

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KIEV, December 7 (RIA Novosti, Taras Burnos) - The United States may soon grant Ukraine the status of a market economy country, U.S. Secretary of State Condoleezza Rice said Wednesday after meeting Ukrainian President Viktor Yushchenko.

Rice, who arrived in Kiev Wednesday on state business as a part of her European tour, said representatives of the U.S. Department of Trade would visit Ukraine in the near future to continue talks on granting market economy status to the country.

Rice said she hoped the issue would be settled quickly and successfully.

Yushchenko said earlier he expected the process to take one to two months to complete.

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