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US suspends duty-free import of 155 types of goods from Ukraine
20:53, 5 May 2018

US suspends duty-free import of 155 types of goods from Ukraine

The Office of the US Trade Representative enacted these restrictions on April 26 this year

20:53, 5 May 2018

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The Generalized System of Preferences, which allows for duty-free importation of more than 3,500 types of goods from Ukraine to the United States, has suspended 155 types of Ukrainian goods since April 26. This is reported on the website of the Ministry of Economic Development of Ukraine.

"Under the restriction are 155 types of goods, in particular, some food products, light and woodworking industry, engineering, some electrical appliances," noted the Ukrainian department.

The Office of the US Trade Representative enacted these restrictions on April 26 this year - 120 days after the publication of the relevant US President's proclamation of December 22, 2017.

"The Ministry of Economic Development is in constant dialogue with the US government and is working to resolve the problem, but at the same time, the lifting of the restrictions largely depends on the adoption by the Verkhovna Rada of the draft law No. 7466 known as the bill" On the Organization of Collective Management," the Ukrainian department stresses.

It recalls that the bill aimed at establishing an effective and transparent system of collective management of property rights in the field of copyright and related rights in Ukraine was adopted on first reading on March 1, and on April 19 people's deputies began its consideration in the second reading.

As previously reported, the White House earlier said that Ukraine is not providing sufficient protection of intellectual property rights.

We recall, from July 2015, companies from Ukraine were able to export to the US about 5 thousand products without paying duties. This took place within the framework of the special governmental program of Generalized System of Preferences.

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