“The Ukrainian Government, together with the European Commission, is actively working to prevent the return to trade conditions that have been in force until 2022 and to avoid potential reduction in exports to the European Union. If a new EU decision will not be adopted by June 5, the provisions of the Association Agreement will be automatically resumed. Experts warn that this can lead to a decrease in Ukrainian exports to the EU”, – WRITE ON: ua.news
The Ukrainian Government, together with the European Commission, is actively working to prevent the return to trade conditions that have been in force until 2022 and to avoid potential reduction in exports to the European Union.
If a new EU decision is not made by June 5, the provisions of the Association Agreement will automatically resume. Experts warn that this can lead to a decrease in Ukrainian exports to the EU by about $ 1.5 billion – almost 4% of the total.
However, the European Commission is determined to support Ukraine. During the meeting on April 9, the President of the European Commission Ursula von Der Lyen assured Prime Minister Denis Shmigal that new conditions of trade will be more profitable than the pre-war.
It is a review of the current free trade regime in accordance with Article 29 of the Association Agreement. At the same time, the Ukrainian side emphasizes that the format of the new arrangement is not critical, the main thing is to provide unimpeded access of Ukrainian goods to the European market.
“It doesn’t matter how the new trade regime will be issued – autonomous preferences or an updated format of the free trade area. The main thing is the result, not the checkers, ”the government said.
We used to write that nResident of the European Commission Ursula von der Lyen made a tough statement Concerning compliance with the digital rules of the European Union for all major technological companies, regardless of their origin or management.
Also we will remind that the head of the Ministry of Foreign Affairs of Estonia Margus Tsakhkna statedthat blocking sanctions against Russia by Hungary will lead to the fact that the G7 and the EU will be forced to pay Ukraine a multibillion -dollar loans provided by Russian assets.
