Trade
EU Seals New Trade Deal With Ukraine as Tariff-Free Regime Ends
A farmer collects collects grain from a combine harvester during a harvest in the Fastiv district of Kyiv region, Ukraine.
Photographer: Andrew Kravchenko/BloombergThe European Union reached a new trade arrangement with Ukraine to replace the special tariff-free regime that was put in place in the wake of Russia’s full-scale invasion.
The agreement attempts to strike a balance between supporting Kyiv’s trade with the EU while it also “fully takes into account the sensitivity of certain agricultural sectors, raised by EU member states and farmers,” the European Commission said in a statement on Monday.