Ukraine

Department for Business, Innovation and Skills written question – answered on 6th March 2015.

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Photo of Lord Hylton Lord Hylton Crossbench

To ask Her Majesty’s Government whether they will propose that the European Union removes all customs duties on Ukrainian exports, and provides technical assistance to Ukrainian companies wishing to enter the European market.

Photo of Lord Livingston of Parkhead Lord Livingston of Parkhead The Minister of State, Foreign and Commonwealth Office, The Minister of State, Department for Business, Innovation and Skills

Ukraine already benefits from autonomous trade preferences which enable most Ukrainian goods to enter the EU market free from import tariffs. In April 2014, the EU unilaterally eliminated or reduced its customs duties on goods originating from Ukraine; for instance, EU import tariffs were removed immediately for 94.7% of industrial products from Ukraine. These autonomous trade preferences have now been extended, so that they will apply for 2015, after which the EU-Ukraine Deep and Comprehensive Free Trade Agreement (DCFTA) is due to be applied. Under the terms of the DCFTA, 98.1% of the value Ukrainian exports to the EU will become tariff-free. The UK has given its full support for these measures.

The EU is providing significant financial and technical assistance to support Ukraine, including help with economic reform and political stabilisation. In addition to our £4.35 million share of these EU and other multilateral efforts. The UK has also committed a further £1.4 million bilaterally this financial year for humanitarian support in Ukraine. On 23 February, the Prime Minister announced that the UK will release £15 million in emergency assistance for Ukraine. Furthermore, UK Trade & Investment (UKTI) and the British Embassy in Kyiv continue to work closely with the Ukrainian government across a broad range of issues to improve our trade and business links.

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