Increasing quotas and eliminating tariffs: Ukraine and the EU agreed on updated trade terms

On Tuesday, October 14, Ukraine and the European Union approved a decision to abolish some tariffs and increase quotas for the export of agricultural products to the EU.

This was announced by Deputy Prime Minister for European and Euro-Atlantic Integration Taras Kachka.

The decision of the Association Committee in trade configuration will enter into force in 15 days – on October 29.

The official explained that Ukrainian exporters will be able to take advantage of the new trade regime this year. He added that the decision is bilateral and will be valid indefinitely.

The next review towards increasing access to the European market will take place in 2028.

Previously, the European Union increased import quotas for Ukrainian agricultural products as part of a renewed free trade agreement.

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