In a joint statement, European Commissioner for Trade Cecilia Malmstroem and Trade Representative of Ukraine - Deputy Minister for Economic Development and Trade Nataliya Mykolska welcome the entry into force of the autonomous trade measures of the European Union for Ukraine on October 1, 2017.
"This is good news for Ukrainian exporters. Several important agricultural and industrial goods will now get better access to the EU market, as they can be exported tariff-free," the statement reads.
The officials say that this is an "important sign of the EU's continued, tangible economic and political support for the Ukrainian people, the country and its reform efforts."
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According to the officials, in terms of agricultural products, Ukraine will have an opportunity to export bigger quantities of wheat, maize, barley, oats and barley groats and pellets to the EU without customs tariffs. The proposal creates opportunities to export bigger amounts of processed tomatoes, natural honey and grape juice duty-free to the EU. These trade preferences will also benefit industrial sectors, for example Ukrainian producers of footwear, fertilisers, aluminium products and consumer electronics.
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Additional liberalizations for barley, wheat and maize will start applying as from January 1, 2018.