Business news from Ukraine

UKRAINE, BELARUS AGREE ACTION PLAN ON LIFTING RESTRICTIONS IN MUTUAL TRADE

30 December , 2015  

MINSK. Dec 30 (Interfax-Ukraine) – The action plan of Minsk and Kyiv to lift restrictive measures in mutual trade was agreed at the second meeting of the Ukrainian-Belarusian high level working group in Minsk on Monday, the press service of the Foreign Ministry of Belarus has reported.

“At the meeting the sides agreed the action plan to lift restriction in mutual trade, including the decision of Ukraine to introduce a special duty of 39.2% on some Belarusian goods exported to Ukraine from January 20, 2016,” the press service said.

First Deputy Foreign Minister of Belarus Alexander Michnevich headed the working group from Belarus and Deputy Minister of Economic Development and Trade, Trade Representative of Ukraine Natalia Mykolska headed the group from Ukraine.

Mykolska said that on December 26, 2015 the Ukrainian president signed the law on measures to stimulate foreign economic operations that revokes the additional imports duty from January 1, 2016.