European Parliament votes for abolition of EU import duties for Ukraine

European Parliament votes for abolition of EU import duties for Ukraine The European Parliament has backed a one-year suspension of EU import duties on all Ukrainian exports, to support the country’s economy
Other countries
May 19, 2022 16:41
European Parliament votes for abolition of EU import duties for Ukraine

The European Parliament has backed a one-year suspension of EU import duties on all Ukrainian exports, to support the country’s economy, Report informs referring to the EP website.

This temporary trade liberalization, endorsed by 515 votes, with 32 against and 11 abstentions, is a response to the impact of Russia’s war against Ukraine, which is hampering the country’s ability to trade.

The measures will fully remove import duties on industrial products, entry duties on fruit and vegetables, as well as anti-dumping duties and safeguard measures on steel imports for a period of one year.

The measure will apply on the day following its publication in the Official Journal of the EU.

Latest news

Orphus sistemi