Ukraine seeks to extend duty-free trade with EU until end of 2024

Kiev, Feb 3 (IANS): Ukrainian Prime Minister Denys Shmyhal said that his country is seeking to extend the duty-free trade with the European Union until the end of 2024, the government press service reported.

While speaking at a meeting with visiting Executive Vice President of the European Commission Valdis Dombrovskis, Shmyhal noted that further deepening of trade relations with the EU is vital for Ukraine amid the ongoing war with Russia, Xinhua news agency reported.

Shmyhal thanked the EU for the approval of the macro-financial assistance for Ukraine worth 18 billion euros (about $19.76 billion) and called on Brussels to contribute to Ukraine's reconstruction efforts.

In 2023, Ukraine would need some $17 billion for the post-conflict recovery, he said.

For his part, Dombrovskis said that the EU would continue to fully support Ukraine.

The Ukraine-EU preferential trade regime, abolishing tariffs and quotas on Ukrainian industrial goods and foods, took effect in June 2022.



Top Stories

Leave a Comment

Title: Ukraine seeks to extend duty-free trade with EU until end of 2024

You have 2000 characters left.


Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will be held responsible.