Ukraine seeks to take care of entry to the EU market.

EconomyPolitics Ukraine seeks to take care of entry to the EU market. Wednesday, January 15, 2025

The federal government is finishing inner preparations for negotiations with the EU on signing an settlement on industrial visa-free journey. Ukraine additionally seeks to increase financial visa-free journey and consolidate it completely by means of amendments to the Affiliation Settlement, Prime Minister Denys Shmyhal stated. He added that 60% of every little thing that Ukrainian companies promote overseas goes to the EU. “Final yr, we exported items there for nearly $25B (+6% in comparison with 2023). One of many success components was financial visa-free journey, through which most Ukrainian items enter the EU with out customs duties, tariffs, and quotas,” Shmyhal emphasised. Ukraine can even talk about extending transport visa-free journey, because of which Ukrainian street carriers not want particular permits. The commercial visa-free regime is a singular software to assist Ukrainian enterprise and Ukraine’s integration into the European financial system, establishing mutual recognition of product certification. It will improve export alternatives and scale back paperwork, in addition to the time required for Ukrainian items to enter the European market.