UK extends tariff relief for Ukraine until early 2024

The Government of the United Kingdom extends temporary liberalisation of all tariffs for imports from Ukraine until early 2024.

"The liberalisation of all tariffs for imports from Ukraine will continue to be applied to the whe of the United Kingdom and the Crown Dependencies," International Trade Minister Nigel Huddleston said in a statement to parliament, Reuters reports.

At the end of April last year, Great Britain announced the abition of all customs duties and quotas on all imports from Ukraine without exception. In May, Ukraine and the UK legally confirmed the cancellation of import duties and tariff quotas in bilateral trade by signing a corresponding agreement. It is valid for 12 months and can be extended by agreement between the parties for a new term.

In addition, on April 27, the Eurean Commission prosed to suspend for one year import duties on all Ukrainian exports to the Eurean Union. 

Source: ukrinform.net

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