The EU approved a one-year suspension of import duties on Ukrainian products.

Wednesday, May 18, 2022
The EU approved a one-year suspension of import duties on Ukrainian products.

The European Parliament’s Committee on International Trade has approved the suspension of EU import duties on Ukrainian products for a year in order to support Ukraine’s economy. The provisions adopted include the complete suspension of import duties on industrial goods, the system of entry prices for fruits and vegetables, as well as anti-dumping duties and safeguards on steel imports for one year,” the statement said. “The Kremlin’s brutal and arbitrary war is aimed at Ukraine’s ability to continue trade. However, the EU can take steps to revive bilateral trade relations, and it will. The abolition of customs duties and the opening of the European market will allow us to strengthen Ukraine’s ability to trade in goods and agricultural products,” said Latvian MEP Sandra Kalniete.

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