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May 6, 17:30 Source: APK-Inform Views: 2353

Ukraine: Autonomous Preferential Trade Regime – pros and contras

On April 23, 2014, the Autonomous Preferential Trade Regime (APTR) for Ukrainian commodities imported to the EU came into action. According to the regulations of the European Parliament, the rates of import duties to the EU are set at the level which should act in the first year after imposition of the free trade zone within frames of the Association Agreement between Ukraine and the EU. The regime runs until November 1, 2014.

Also, according to the reached arrangement concerning liberalization of the access to the EU market, there were set volumes of the tariff quotas under the agreement. Establishment of quotas means that Ukrainian producers are able to import the certain volumes of the reporting commodities without paying the import duties.

What impact will establishment of the APTR by the European Union provide for development of various industries of the agro-industrial complex of Ukraine? Heads of several industry associations and experts of the agricultural market shared their estimation on the further development of the situation with APK-Inform Agency.

You can become acquainted with opinions of the persons from the article “Autonomous trade preferences of the EU - chance to get better?!” in following issue of AGRIMARKET WEEKLY #19 dd. May 12, 2014.

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