Archive for June 6th, 2017

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Temporary trade measures for Ukraine move forward

June 6, 2017

6th June witnessed the European Council reach agreement upon temporary (3 year) favourable trade measures for Ukraine in the areas of additional import quotas at zero tariff for certain agricultural products and the partial or full removal of import duties on several industrial products – subject to suspension should Ukraine fail to comply fully with its commitments to rule of law, human rights, reform and fundamental freedoms to which it is obliged within the terms of the Association Agreement.

The Presidency need now consult with the European Parliament where there will probably be a sufficiently understanding majoritarian agreement.

Very good.

However it is hoped that as much (and more) Ukrainian political energy and urgency are applied to fully meeting its obligations within the Association Agreement as were put into pursuing these temporary favourable trade measures.

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