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European Parliament to expand trade preferences for agriculture products from Ukraine
16:15, 4 July 2017
European Parliament to expand trade preferences for agriculture products from Ukraine

Expansion of quotas concerns honey, processed tomatoes, grape juice, wheat, corn, kernels and grains of certain cereals

16:15, 4 July 2017

zerno.org.ua

The European Parliament approved expansion of trade preferences for Ukraine, UNN informs.

New measures are expected to work for 3 years and include additional quotas for importing at a zero VAT rate some agricultural produce. We know that the expansion concerns honey (for 2,500 tones), processed tomatoes (for 3,000 tones), grape juice (for 500 tones), wheat (65,000 tones), corn (625,000 tones), kernels and grains of certain cereals (for 7,800 tones), oats (4.000 tones), and barley (325,000 tones).

Moreover, the decision means full cancellation of import duty for certain manufactured goods, such as fertilizers, colourants, pigments and other dyeing substances, shoes, copper, aluminum, and equipment for TV and audio recording.

As we reported before, Committee of Permanent Representatives of EU member states has agreed on preliminary arrangements regarding trade preferences for Ukraine

Related: Ukraine-Canada Free Trade Agreement to take force on August 1

Related: Free Trade Area for Ukraine: Between hopes and reality of foreign policy

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