In a statement the British government said, all tariffs on goods exported by Ukraine to Britain under an existing free trade agreement will be removed to help the Ukrainian economy.
“All tariffs would be reduced to zero and all quotas removed following a direct request from Ukraine’s President Volodymyr Zelenskiy,” said London while adding, the move would provide a boost to Ukrainian businesses involved in key exports such as barley, honey, tinned tomatoes and poultry.
“We stand unwaveringly with Ukraine in this ongoing fight and will work to ensure Ukraine survives and thrives as a free and sovereign nation,” said Anne-Marie Trevelyan, Britain’s International Trade Secretary.
Currently the average tariff on Ukrainian exports to Britain was around 22%. Although the move has been offered on a non-reciprocal basis, Kyiv could reciprocate the same.
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