• Українською
  • Olha Stefanishyna: Eurointegration 2.0 will help increase the added value of Ukrainian exports
    Service of the Deputy Prime Minister of Ukraine, posted 31 July 2020 10:50

    Ukraine counts that due to the ACAA Agreement, known as "industrial free visa regime", Ukraine can grow exports of finished industrial products to the European Union. This was announced by Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olha Stefanishyna on air of the Obozrevatel TV.

    "When a company exports raw materials, it must pass several stages of certification. And if it produces finished products under one of the technical regulations, it actually receives a "visa-free" permit. After concluding the ACAA Agreement, having received a Ukrainian certificate, the manufacturer can export products to the EU without additional certificates. This is an incentive to produce not only spare parts, but a finished product, i.e. with a higher added value," explained Olha Stefanishyna.

    The Deputy Prime Minister also noted that Ukraine expects trade quotas reduction to zero under the Association Agreement.

    "No one could have imagined that in 5 years Ukraine would enter the top five exporting countries, for instance of such products as tomatoes and honey, to the EU. Now this leap in exports gives us a strong negotiating position so that the quota can be revised. But I insist that large exports of goods should not be limited to the tariff quota, but go with a zero rate," said Olha Stefanishyna.