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EU prepares to resume tax-free trade with Ukraine

The European Union (EU) Commission has proposed an arrangement that will remove customs duties and quotas on all products imported from Ukraine for 1 year.

EU prepares to resume tax-free trade with Ukraine

The EU Commission has announced a proposal to organize "Autonomous Trade Measures" prepared to support Ukraine economically, which will provide the country with various trade concessions.

According to this, import duties, quotas and trade defense measures on all products that Ukraine will export to EU countries will be suspended for 1 year.

With this application, Ukrainian producers, exporters and the Ukrainian economy will be supported. A similar arrangement was put into practice last year.

After this stage, the proposal will enter into force by being published in the Official Gazette of the EU after it has been officially approved by the European Parliament (EP) and member states.

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