The European Union will eliminate customs duties on goods
originating in Ukraine starting from April 23, 2014. The move by
the EU follows the recent unprecedented events in Ukraine and the
security, political and economic challenges faced by the country.
This measure will allow for the EU's unilateral reduction or
elimination of customs duties on goods originating in Ukraine. The
step has been taken to support Ukraine's economy ahead of the
official entry into force of the Association Agreement's
provisions on a Deep and Comprehensive Free Trade Area (DCFTA),
scheduled to be signed later this year.
The liberalization of trade regime between Ukraine and the EU
was introduced into the agenda of the EU-Ukraine bilateral
relations in 2007, when the parties started negotiations on the
Association Agreement between the European Union and its Member
States (the "AA"). However, due to political
developments in Ukraine only its political part was signed on
21 March 2014.
