Ukraine

Ukrainian producers can import goods into the EU duty-free for one year

The updated CBAM version has stricter requirements compared to the one published by the European Commission last July

Ukraine has lost up to 50% of the economy, and will recover only in 5 years at the pre-war level

The country downed to 36th place in the global ranking of steelmakers

Thanks to these measures, the European Union will be able to support Ukraine's economy significantly

In March, 79.2 thousand tons of Ukrainian iron ore were shipped to Turkey

The measures will completely abolish EU import duties on all Ukrainian exports, including steel, for one year

In March, imports of Ukrainian semi-finished products stopped due to the war

Liberalization of international trade will give mutual benefits to both sides

Yuriy Rudyuk, partner of law firm “Van Bael & Bellis” on the Commission’s Proposal to remove anti-dumping and safeguard measures on Ukrainian steel imports

Import duties on all Ukrainian exports to the EU may be suspended for one year

European Union is Ukraine's largest trade partner, accounting for more than 40% of its trade in 2019