Tuesday,
25 July 2017
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Ukraine, EU agree on WTO entry

Having overcome last obstacle on way to WTO

Ukraine and the European Union have reached a compromise in the sphere of export duties, having overcome the last obstacle on the way to WTO.

EU Trade Commissioner Peter Mandelson said this in a telephone interview from London to UNIAN’s own correspondent in Brussels.

According to P.Mandelson, he was very pleased to say that they reached a decision on the basis of compromise, and they may celebrate the removal of the last obstacle on the Ukraine’s way to WTO.

He noted that in the course of the talks, Ukraine, in particular, agreed to restrict the number of existing export duties, and not to increase them in future. P.Mandelson did not go into any other detail, adding that this day became extremely important for Ukraine and EU.

“Thus, this is a very historical day, a very important breakthrough, and I want to congratulate the Ukrainian participants of the talks on the results, and all of us – on the compromise”, P.Mandelson said.

As UNIAN reported earlier, the issue of export duties was the last to be decided by Ukraine at the talks with EU, for Ukraine to become a WTO member. EU pressed to cancel all the export duties, and Ukraine, in its turn, asked to introduce a moratorium on introducing new ones, and not to increase existing export duties.

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