15:53 19 May 2022

European Parliament supports canceling customs duties on all Ukrainian exports

Today, May 19, the European Parliament supported the  one-year abolition of EU import duties on all Ukrainian exports

The press service of the European Parliament reports it.

According to the statement, the decision was supported by 515 votes, 32 deputies voted against, and 11 abstained.

The press service of the European Parliament reports that it has been decided to completely abolish import duties on industrial products, import duties on fruits and vegetables, as well as anti-dumping duties and safeguard measures on imports for one year.

"In the face of russian aggression, Ukraine is fighting not only for its freedom and security but also for the freedom and security of the entirety of Europe.

That is why we must support Ukraine at all levels by all means available to us: not only with weapons and sanctions but also with our trade power.

Providing Ukraine with the support it needs to defend itself doesn't end on the battlefield; this includes ensuring that Ukraine's economy remains stable and competitive," said Sandra Kalniete, Ukraine's permanent rapporteur.

According to Ukraine, Ukraine is the 15th largest trading partner, accounting for about 1.2% of total trade.

The measures taken will take effect after publication in the Official Journal of the EU.

To recap, the United Kingdom abolished all duties and restrictions on Ukrainian exports under the terms of the free trade agreement a year earlier.

In addition, Canada has decided to abolish absolutely all duties on Ukrainian goods for one year.

As reported by Rubryka, the European Commission has proposed to suspend for a year import duties on all Ukrainian exports to the European Union.

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