First Deputy Prime Minister and Minister of Economy of Ukraine, Yulia Svyrydenko, announced that the Verkhovna Rada has completed all internal procedures needed for the Ukraine-UK agreement on trade liberalization to take effect.
The agreement, signed on February 8, 2024, will eliminate all import duties and tariff quotas in bilateral trade by 2029, opening new markets, boosting Ukraine’s export potential, and promoting economic development.
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The agreement, effective until March 31, 2029, excludes eggs and poultry products, which will see trade liberalization extended until April 1, 2026. This deal is expected to increase exports of Ukrainian products such as grains, dairy, poultry, tomato paste, honey, and more to the UK market, and offers more flexibility in export logistics and opportunities for high value-added goods.
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