Trade with Ukraine

Tough Trading

Tough Trading

MEPs have accepted a report on improving trade relations with Ukraine, compiled by Paweł Zalewski, a Polish MEP. It raises the idea of opening up the EU market to Ukrainian goods. Nearly 98% of duties will be waived, duties which must be paid by Ukrainian producers of iron, steel and machinery. The estimated benefits for the Ukrainian economy is nearly half a billion euro a year. “This is the first concrete example of EU support for Ukraine and I hope that there will be more,” said Paweł Zalewski. He emphasised that Ukraine is under tremendous pressure from the Kremlin, not only political and military, but also economic. “If Vladimir Putin closes the Russia market for Ukrainian products, then the European Union should open up for Ukraine,” he said. At the same time Ukraine will not be not obliged to introduce similar facilities for EU exporters.

Get Newzar here for free



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s