Minister of Economic Development, Trade and Agriculture Ihor Petrashko said that 40.7% of the total volume of Ukrainian foreign trade in goods accounted for the countries of the European Union.
“The EU is Ukraine’s main trading partner with a share of trade in goods of 40.7% of Ukraine’s total foreign trade,” Petrashko announced.
According to him, Ukrainian enterprises are becoming competitive at the European level, liberalization of conditions and the elimination of restrictions left over from 2015 continue.
“In fact, from 2022 there will be no restrictions on trade in industrial goods with the EU, which means no duties or quotas,” the minister stressed.
He added that in October 2020, active work began on an “industrial visa-free regime”, which had not been carried out since the 2000s.
Petrashko noted that the “industrial visa-free regime” would allow Ukrainian manufacturers and exporters to mark their products with the European conformity mark (CE marking) and freely sell them on the EU market without additional certification. (Ukrinform/Business World Magazine)
