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EU agrees to allow in more Ukraine exports for three years


Reuters

BRUSSELS, July 17 (Reuters) - EU foreign ministers approved
on Monday measures to allow Ukraine to export more industrial
and agricultural products free of tariffs to the bloc in
recognition of reforms undertaken by Kiev and the country's
fragile economy.
    By the end of September, Ukraine will be able to export
greater tonnage of farm products, including grains, honey and
processed tomatoes for three years.
    The EU will also remove for the same period import duties on
fertilisers, dyes, footwear, copper, aluminium, televisions and
sound recording equipment.
    The measures add to a free-trade agreement provisionally in
place since January 2016 that has opened both markets for goods
and services.
    "It is our duty to support Ukraine and strengthen our
economic and political ties, also in the face of the ongoing
conflict on its soil," said Estonia Foreign Minster Sven Mikser,
whose country holds the six-month rotating presidency of the
European Union.
    Trade has been at the heart of a dispute between Russia and
the European Union over relations with Ukraine, with Moscow and
Brussels both competing to bring Kiev closer to their side
through offers of greater economic integration.
    While Kiev has moved westward, Russia has sought to
destabilise Ukraine, EU governments and NATO say, by annexing
Crimea and providing separatists with weapons and troops in
Ukraine's industrial east.

 (Reporting By Philip Blenkinsop, editing by Robin Emmott)
 ((philip.blenkinsop@thomsonreuters.com; +32 2 287 6838; Reuters
Messaging: philip.blenkinsop.thomsonreuters.com@reuters.net))

Keywords: UKRAINE EU/



This article appears in: Politics , Stocks , World Markets , Economy


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