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EU gives the green light to Ukraine's move to WTO

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Ukraine has settled questions of export duties with the European Union to enter the World Trade Organization, a REGNUM correspondent is told at the European Commission office in Ukraine today.

According to the information, on January 16, the EU and Ukraine settled last issues that were open in the context of discussing Ukraine joining EU. Final agreements that open the way to Ukraine joining the world trade system completely were achieved in London, during a meeting of Commissioner of the European Union for Trade Peter Mandelson and Ukraine’s Deputy Prime Minister Grigory Nemyrya.

Earlier, Ukrainian President Viktor Yushchenko posed a common task for the government, the parliament and the presidential secretariat to achieve Ukraine joining the WTO this February. Late November, the EU posed its last requirement regarding Ukraine joining the WTO: Kiev needed before entering the organization (for the first time in the world practice) to revise regulation of export duties. Ukraine announced its readiness not only to preserve current levels of export duties, but to reduce the duties for five groups of goods sensitive for the EU right up to abandoning the export duty when the country enters the WTO and an agreement on free trade between Ukraine and the European Union comes into force. Because of lack of coordination over the issue, the plan of Ukraine joining the WTO in 2007, as it had been planned before, frustrated.

12:03 01/17/2008

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