The EU Commission wants to suspend import duties on all Ukrainian goods for a year.
In addition, all anti-dumping and protective measures by the European Union against Ukrainian steel exports are to be lifted in order to support the country's economy during the war with Russia, the Brussels authority announced on Wednesday.
"This far-reaching step is intended to help boost Ukrainian exports to the EU." This is intended to alleviate the difficult situation for Ukrainian manufacturers and exporters in the face of the Russian invasion.
The project guarantees Ukraine duty-free and quota-free access to the EU market.
Now the European Parliament and the EU countries still have to agree.
“These measures will directly help Ukrainian producers and exporters.
They will boost confidence in the Ukrainian economy,” said Commission Vice-President and Trade Commissioner Valdis Dombrovskis.
Last year bilateral trade between the European Union (EU) and Ukraine amounted to more than 52 billion euros.
With Ukrainian shipping across the Black Sea now cut off by the Russian Navy, the EU is also supporting land transport of Ukrainian goods.
For example, the EU has liberalized the conditions for Ukrainian truck drivers and facilitated transit and the use of EU infrastructure.