KYIV. July 3 (Interfax-Ukraine) – Ukrainian companies have received the right to export around 5,000 items of goods under a duty-free regime to the United States, the Economic Development and Trade Ministry has reported.
The ministry said that Ukraine received the opportunity as a part of the revision of the U.S. Generalized System of Preferences, or GSP, which will be in effect from July 29, 2015 until December 31, 2017.
Deputy Economic Development and Trade Minister Natalia Mykolska said that GSP covers widely movable goods: a large number of chemicals, minerals and construction stone, jewelry, many types of carpets, some types of agricultural products, and fish.
Mykolska said that Ukraine has effective protection of intellectual property rights and labor rights, while Ukrainian companies comply with the rules on origin of goods.
“Importers in the United States are to submit applications for giving preferences under GSP. They also received a right to have compensation of the duty which was lifted in July 2013,” she said.