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EU temporarily removes/decreases customs duties on various Ukrainian goods
PwC, Kyiv, Ukraine, Tuesday, April 15, 2014
Published by U.S.-Ukraine Business Council (USUBC),Washington, D.C., Tuesday, April 15, 2014
On 14 April 2014, the Council ofthe European Union adopted a regulation which provides for the temporaryreduction and/or elimination of customs duties in accordance with a scheduleset out in an annex to the EU-Ukraine Association Agreement.
Reduction/elimination of the customs duties is expected to enter into force on23 April, the day following its scheduled publication in the Official Journalof EU.
The temporary reduction/elimination of the customs duties will last untilUkraine signs Title IV of the Association Agreement (which makes the changespermanent) or up to 1 November 2014 (if it is not signed).
Preferential arrangements will apply to Ukrainian goods, if their originconfirmed according to the rules of origin mentioned in the AssociationAgreement.
