Ukraine, EU agree to extend "economic visa-free regime" for another year - Shmyhal
Prime Minister Denys Shmyhal announced this on Telegram, Ukrinform reports.
"We continue to actively cooperate with the European Union for our victory! Ukraine and the EU have reached an agreement to extend the "economic visa-free regime" for another year," Shmyhal said.
According to him, Ukrainian businesses will be able to continue selling their goods to the European Union without any quotas, duties, or tariffs, which is important for the recovery of Ukraine's economy.
"Access of our agricultural products to the European market has been restored. Together with the European Commission, we managed to agree to stop blocking the transit of more than 500 items of Ukrainian agricultural goods. The work of the 'Solidarity Lanes' will continue," the Prime Minister added.
He said that all other unilateral bans imposed by five neighboring countries have been lifted.
"A compromise mechanism has been developed at the level of the European Commission, which provides for restrictions on the export of 4 items of Ukrainian agricultural products to neighboring countries. But this is a temporary restriction that will be in effect until June 5," the Prime Minister emphasized.
As reported, Ukraine's trade turnover amounted to USD 99.7 billion in 2022. Last year, Ukraine imported USD 55.5 billion worth of goods and exported USD 44.2 billion worth of goods.
