The government of Ukraine approved the draft amendment on the Association Agreement, which provides that the duty-free quotas on export of the poultry to the EU would increase from 20.000 up to 70.000 tons in 2020 as Dmytro Kuleba, the Vice Premier on European and Euro-Atlantic integration reported on Facebook.
“By this decision we find a new balance in the trade with the EU in particular positions. But it is important not only concerning the poultry but the success in the export, which concerned our Euro-partners. The balance is needed in the trade of other goods. Out trade with the EU should not only grow but also to be balanced at all positions,” he wrote.
According to the Vice Premier, the conclusion of an agreement is the evidence that the trade relations with the EU develop dynamically and the sides are ready to renew the Agreement when the demand changes.
“That is why the success case on the extension of the quotas for poultry is so important. It opens the way to more complex re-consideration of the preferential terms of the trade. This case showed that the sides should not wait until 2021 for the renewal of the Agreement. Already this year we will talk about it during the session of the joint institutions,” Kuleba concluded.
Earlier Ukraine extended the embargo on the supply of a great number of Russian goods until 2020. The interdiction was set for the first time at the end of 2015 as a reaction to restrictive measures of Russian federation.