1 billion people has exceeded the poverty line over the recent 30 years. In 1990, there were only 50 free trade agreements(FTA) in the World and today we have more than 280 FTA's. Thanks to these agreements, the humanity become more prosperous. At the business and investment forum which organized by International Council of Business Associations and Chambers in Ukraine(ICBAC) together with Ukrainian Austrian Business Association explained why should be signed the Turkish-Ukrainian Free Trade Agreement in the background of the big transition period in Eastern Europe in 90's. For more prosperity in Ukraine and Turkey we need this agreement.