Business news from Ukraine

Business news from Ukraine

UKRAINE PLANS TO LIBERALIZE TRUCKING WITH UK

15 July , 2020  

The Cabinet of Ministers of Ukraine has proposed the Verkhovna Rada to ratify the protocol signed between Ukraine and the UK in 2019, which will provide an opportunity to create legal grounds for international freight transportation by Euro-5 and higher vehicles without obtaining necessary permits.
The Cabinet of Ministers adopted a corresponding decision on July 15.
According to an explanatory note to the document, the text of which is available to Interfax-Ukraine, the corresponding protocol was developed with the aim of improving the legal framework, intensifying the process of liberalization of international road transportation between Ukraine and Britain, in particular to avoid a situation with a lack of permits for Ukrainian road carriers, as occurred with Ukraine and Poland.
According to the developer of the document, the Ministry of Infrastructure of Ukraine, the implementation of international freight carriage without permits will give an extremely positive impetus to the development of trade between countries, as well as the development of the transport sector.
“Now the fleet of vehicles transporting to the United Kingdom of Great Britain and Northern Ireland includes vehicles with engines that meet high environmental standards. The implementation of this draft protocol will provide new opportunities for domestic carriers to carry out their activities. In addition, Ukraine will be able to attract additional freight traffic, as British carriers will also be able to carry out transportation to Ukraine without permits,” the Ministry of Infrastructure said.

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