Ukrainan parliament adopted law on “visa-free customs” with European Union

The Verkhovna Rada adopted the law (reg. No. 7420) on visa-free customs, which provides for joining the Common transit convention with the countries of the European Union.

Ukraine's Prime Minister Denys Shmyhal announced it on Telegram.

The document brings the Ukrainian customs legislation closer to the EU's legislation. In particular, it improves the current regulations in simplifying customs clearance for reliable enterprises, granting the status of a financial guarantor, and ensuring the payment of customs payments.

Also, the changes provide for the implementation of the European complaint handling mechanism and the continuation of the digitalization of customs, which will speed up its passage and reduce corruption risks.

The further conclusion of the "visa-free customs" agreement with the EU will enable Ukraine to introduce real-time exchange of customs information on transit cargo with 36 countries, special transit simplifications, and simple and equal conditions for financial guarantors.