“Economic Visa-Free Regime” Extra Year

Friday, May 26, 2023
“Economic Visa-Free Regime” Extra Year

The Council of the EU voted to extend the no-duty regime on trade with Ukraine

On May 25, prime minister Denys Shmyhal said that EU members decided to simplify access to the foreign market for another year for Ukrainian business. EU countries will not impose customs duties on goods: fruits, vegetables, processed products, agricultural goods. They will be subject only to the system of input prices, tariff quotas for agricultural products.

Ukraine is grateful for such a decision. Shmyhal noted that Europe's adoption of simplified procedures helps Ukraine fight the consequences of the military aggression of the Russian Federation.

"We are grateful to European partners for the decision that will help Ukrainian business and the Ukrainian economy in difficult military conditions," Shmyhal wrote.

The economic visa-free regime will work until June 2024. The further fate of the simplified conditions for the export of Ukrainian goods will be decided by the Council of the European Union. For the first time, the decision to allow Ukrainian products to pass customs without payment was taken by the European Union on 1 calendar day in 2023.

Note that countries can buy from Ukraine onions, potatoes, peppers, beets, tomatoes, cucumbers, apples, pears, watermelons and melons, wheat, sunflower, rapeseed, etc.

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