American leader suspended duty-free regime for a number of Ukrainian goods. President of the United States Donald Trump decided to temporarily withdraw Ukraine from the general system of trade preferences (SHGs) because of insufficient efforts of Kiev to protect intellectual property. This follows from a letter of the American leader to the Congress, which was distributed by the press service of the White House. "After considering the criteria ... of the 1974 trade law ...
to what extent this beneficiary developing country provides adequate and effective protection of intellectual property rights, I decided that it would be appropriate to suspend the duty-free regime imposed by SHGs for a number of species products from Ukraine ",? the document says. Recall that in April 2016, Washington returned Ukraine to the list of countries that violate intellectual property rights. Kiev will create a court on intellectual property.
Original article: US temporarily deprived Ukraine of trade preferences.