Ukrainian forces strike Russian command post in occupied Svitlodarsk
UK to extend tariff-free trade with Ukraine until 2029
The UK says it will extend tariff-free trade with Ukraine on almost all goods until 2029, providing further favorable trade terms in the wake of Russia's invasion
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Reuters reports this.
The UK Department of Business and Trade has announced that duty-free trade will be extended for all goods for 5 years, with the exception of eggs and poultry, which will be extended for 2 years.
In addition, British firms will also benefit from the abolition of tariffs for exports to Ukraine.
"This agreement provides much needed long-term economic support to Ukraine, its businesses and people – critical to its recovery," junior trade minister Greg Hands said, adding Britain's support would continue "for as long as is needed.”
- Polish Agriculture Minister Czesław Siekierski says he is "categorically against" expanding free trade with Ukraine.
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