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Economy 1 min read Source: УРА-Информ

EU trade preferences for Ukraine came into effect

EU trade preferences for Ukraine came into effect
photo УРА-Информ

This was reported by the press office of the EU Delegation in Ukraine.

Thus, this will simplify access to the European market also for some industrial products. In addition, preferences will complement the trade privileges for Ukrainian business, which already operate within the framework of the free trade area (FTA) with the EU.

"Export of Ukrainian wheat, barley and corn to the European Union without payment of customs duties will become possible from January 1, 2018," it was informed..

In this regard, the Ukrainian country will receive a huge opportunity to increase the number of duty-free exports to the EU of wheat, maize, barley, oat and barley cereals and pellets. It is noteworthy that these trade preferences are also benefited by exporters of industrial products.

Recall, as reported by URA-Inform, the Minister of Economic Development and Trade - Trade Representative of Ukraine Natalia Mikolskaya is deeply convinced that the agreement on the free trade zone between Ukraine and the European Union should be updated.

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