Business news from Ukraine

UKRAINE USES OPPORTUNITIES OF 31 OUT OF 40 QUOTAS FOR DUTY-FREE EXPORT OF AGRO PRODUCTS TO EU

2 October , 2020  

Ukrainian exporters this year will use the opportunities for 31 out of 40 tariff quotas for duty-free supplies of agricultural products to the European Union, as of the end of August, eight tariff quotas have already been fully used, the Development Director of the Ukrainian Horticultural Association, UN FAO International Consultant Yekateryna Zvereva has said.

“In 2020, Ukrainian exporters will take advantage of 31 out of 40 tariff quotas. As of the end of August, eight tariff quotas have already been fully used: honey, barley and flour, processed tomatoes, processed starch, grape and apple juices, corn, malt and starch products, sugar. Tariff quotas are used for cereals (81.2%), eggs and albumin (75%), poultry (73.4%), starch (73.3%), malt and wheat gluten (72.2%), additional quotas for eggs and albumin (60.4%), bran, waste and residues (55.2%), additional quota for poultry (53.1%), oats (45.3%), wheat (40.2%), etc.,” she wrote in a column for the Interfax-Ukraine agency.

According to Zvereva, in 2016-2019 the positive dynamics of development of trade with the European Union, which today is the main trade partner of Ukraine with a share of more than 41% of the total volume of trade in goods, is obvious. Trade in goods with high added value is gradually growing.

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