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Ukraine - Latest news GMK Center

Photo – European Union has suspended import duties for Ukraine for a year
European Union has suspended import duties for Ukraine for a year

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

Photo – Turkey increased iron ore imports from Ukraine by 51% in January-March
Turkey increased iron ore imports from Ukraine by 51% in January-March

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

Photo – European Parliament supported the abolition of import duties for Ukraine
European Parliament supported the abolition of import duties for Ukraine

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

Photo – Turkey reduced imports of billets from Ukraine by 50% in Q1 2022
Turkey reduced imports of billets from Ukraine by 50% in Q1 2022

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

Photo – Trade restrictions abolition is the first step to Ukraine’s post-war recovery
Trade restrictions abolition is the first step to Ukraine’s post-war recovery

Liberalization of international trade will give mutual benefits to both sides

Photo – Yuriy Rudyuk: “Anti-dumping protection in the EU against Ukrainian products is most probably gone forever”
Yuriy Rudyuk: “Anti-dumping protection in the EU against Ukrainian products is most probably gone forever”

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

Photo – European Commission proposed to suspend duties on imports from Ukraine
European Commission proposed to suspend duties on imports from Ukraine

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

Photo – EU considers ending of all tariffs and quotas on exports from Ukraine
EU considers ending of all tariffs and quotas on exports from Ukraine

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

Photo – UK canceled all duties and quotas for Ukrainian goods
UK canceled all duties and quotas for Ukrainian goods

In 2021, Ukraine increased exports to the UK by 62.4%, to $1.1 billion

Photo – UK to cut tariffs and quotas on goods from Ukraine
UK to cut tariffs and quotas on goods from Ukraine

Now the average import duty on Ukrainian goods is about 22%

Photo – Ukraine will aim EU and G7 nations markets after war
Ukraine will aim EU and G7 nations markets after war

Ukrainian government wants producers to freely export their products to Western markets

Photo – Turkey increased pig iron imports from Ukraine by 87% in January-February
Turkey increased pig iron imports from Ukraine by 87% in January-February

In two months, Turkish steelmakers imported 71.5 thousand tons of pig iron from Ukraine

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