Regulation of the European Parliament on temporary trade liberalization measures exempting Ukrainian exports from customs duties for a year came into force on Saturday. These duties are applied to industrial products, suspension of the system of entry prices for fruits and vegetables, all tariff quotas for agricultural products, the termination of anti-dumping duties on imports of goods originating in Ukraine, and the application of global safeguards against Ukrainian goods. In turn, the liberalization of trade relations implies that Ukraine will adhere to European rules: the origin of goods and relevant procedures under the Association Agreement, refraining from any new restrictions on imports from the EU, the rule of law, the fight against corruption and Ukraine’s respect for democratic principles, human rights, and fundamental freedoms.
The abolition of EU duties for Ukraine has begun.
The abolition of EU duties for Ukraine has begun.