U.S. abolishes duties for a number of Ukrainian goods

The United States has restored trade privileges for Ukraine, which were suspended two years ago.
U.S. President Donald Trump signed an executive order to restore the duty-free regime for a number of goods from Ukraine, the White House press service announced on Friday evening, October 25.

It is noted that this decision was taken because Ukraine “provided effective protection of intellectual property rights” and made progress in this direction.

Thus, the presidential administration considers it expedient to “cancel the suspension of duty-free trade for certain Ukrainian goods.”

The decision takes effect 5 days after publication.

In December 2017, trade privileges were suspended because Ukraine, according to Trump, did not adequately protect intellectual property.

The day before it was reported that the U.S. will consider the resumption of trade benefits to Kyiv.

Earlier in the summer, Trump stripped India of trade benefits. The reason was that India did not assure the United States of “fair and acceptable access to its market”.

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