The agreement between Ukraine and Britain is bilateral, meaning that British businesses can also take advantage of the duty-free trade regime with Ukraine.
The Verkhovna Rada approved an agreement with the UK on the elimination of trade duties until 2029. The press service of BP reports this.
The ratification of the agreement allows for the implementation of the domestic procedures necessary for the entry into force of the partnership agreement in the UK.
The agreement consolidates the UK’s decision, made in February this year, to remove import duties and tariff quotas on trade with Ukraine until 2029. The exception is Ukrainian poultry meat and eggs, where the elimination of duties will be valid until 2026.
The agreement between Ukraine and Britain is bilateral, meaning that British businesses can also take advantage of the duty-free trade regime with Ukraine.
Imports of goods from the UK to Ukraine are dominated by transport supplies, machinery, chemicals and pharmaceutical products.
We remind you that from July 2, the European Union introduced protective duties on eggs and sugar from Ukraine due to excessive import volumes.
It was also reported that the EU is reintroducing tariff quotas on Ukrainian honey.
Source: korrespondent
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