EU Council agrees to expand sales quota for Ukraine

Source : 112 Ukraine

It will improve the access of the Ukrainian exporters to EU market
18:21, 6 June 2017

Open source

The ambassadors of European Union countries agreed towards the EU Council's position of the expansion of the sales quota for Ukraine. It is reported on the website of the EU Council.

'The offer aims to improve the access of the Ukrainian exporters to the EU market, taking into account the tough economic situation in Ukraine and economical reforms that were undertaken by the country', the message reports.

It is offered to implement the zero customs tariffs for some kinds of goods of agricultural sphere for three years. Also, the partial or complete abolition of the import duties for some industrial goods is offered.

'We will implement the safeguard measures towards Ukraine. Ukraine will be obliged to comply with the principles written in Association Agreement with EU. There are the respect to the democratic principles, human rights and basic freedoms and supremacy of law principle', the message reports.

The European Parliament supported the offer of the European Commission to increase the tariffs quotas for a range of Ukrainian goods on June 1. 475 parliamentarians voted in the affirmative, 102 were against and 61 abstained.

The trade preferences are granted to Ukraine within DCFTA the part of Association Agreement that is temporary used since January 2016. This part provides the mutual opening of the goods and service markets. However, EU faster abolishes and shortens the  customs duties. EU offers to Kyiv new add-on trade concessions, taking into account the economic difficulties in Ukraine and its efforts in the reforms. 

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