Britain is asking the European Union not to restrict trade with Ukraine
Ukraine
United Kingdom
Regulation & Compliances
Innovation & Technology
Published Mar 28, 2024
Tridge summary
Great Britain has called on the European Union to avoid imposing trade restrictions on Ukraine during its conflict with Russia, advocating for the extension of duty-free trade until June 2025, a move already supported by the European Council and Parliament. British Defense Minister Grant Shapps emphasized the UK's commitment to supporting Ukraine by allowing tariff-free imports for five years and urged the EU to do the same. Amidst this, Ukraine has shown a willingness to accept new trade restrictions to alleviate tensions with Poland and has called for an EU ban on Russian grain imports. This situation underscores the challenges of balancing support for Ukraine's economy and sovereignty with the need to manage political disputes within the EU.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Great Britain urged the European Union not to restrict trade with Ukraine, at least until the end of the war unleashed by the Russian Federation. British Defense Minister Grant Shapps stated this, writes RBC-Ukraine. It should be noted that the day before Prime Minister Denys Shmyhal announced that the European Council and the European Parliament had previously agreed on the extension of duty-free trade between Ukraine and the European Union until June 2025. The final agreement is planned to be adopted in April. Thus, the temporary suspension of import duties and quotas for the export of Ukrainian agricultural products to the European Union will be extended for another year, until June 5, 2025, in order to support Ukraine in the conditions of a full-scale war unleashed by the Russian Federation. In turn, Deputy Minister of Economy, trade representative of Ukraine Taras Kachka said that Ukraine is ready to adopt new restrictions on its trade with the European Union in order to ...
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