Ukraine signed economic part of the Association Agreement with the EU
On June 27, 2014, Ukraine signed the economic part of the Association Agreement with the European Union. Petro Poroshenko, President of Ukraine, signed the Agreement on behalf of Ukraine, and Herman Van Rompuy, European Council President, Jose Manuel Barroso, European Commission President, the heads of countries and governments of the EU member-countries, signed the document on behalf of the European Union.
Thus, taking into account the already signed political part of the Association Agreement dd. March 21, 2014, Ukraine concluded the full Association Agreement with the EU.
As a reminder, the European Commission estimates increasing of income of Ukraine after signing the economic part of the Association Agreement with the EU at the level of 1.2 bln EUR per year. Due to liberalization of customs duties and regulatory approximation to the EU standards, Ukraine will receive a free access to the EU market. According to the Agreement terms, the EU will continue gradually lowering all customs tariffs and quotas for Ukraine, and the Ukrainian laws, rules and regulations will be harmonized with the European ones in various sectors of trade. The exports of Ukrainian commodities to the EU is expected to increase by 1 bln EUR per year.
You should be authorized to post comment
India increased the imports of sunflower and rapeseed oils
Ukraine continues supplying grains and oilseeds to China – State Service on Food Safety
Major players of the Ukrainian grain processing market to gather in Odessa at Grain Processors Forum
Ukraine: share of agricultural products exceeded 40% of the general exports - Ministry of Agrarian Policy
August 30, 16:20
Ukraine: in January-July, the costs for agricultural production grew - State Statistics Service
August 30, 15:20
Updated program of "Grain Processors Forum: Market & Technologies - 2016"
August 30, 12:20
Ukraine harvested over 38 mln tonnes of grains - Ministry of Agrarian Policy
August 30, 10:50