UK Drops All Tariffs on Ukrainian Exports
The U.K. unveiled new trade-easing measures to support Ukraine as it fights against Russia, the Department for International Trade announced April 25. Tariffs on all goods from Ukraine will be eliminated, and a new export ban will be imposed on goods that Russia could use against Ukrainians, the DIT said. The U.K. called removing the tariffs key to aiding the Ukrainian economy, particularly for exports such as barley, honey, canned tomatoes and poultry. The export ban will cover products including "interception and monitoring equipment," to close any loopholes in the U.K.'s export restrictions regime on Russia.
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"The UK will continue to do everything in its power to support Ukraine’s fight against [Russian President Vladimir] Putin’s brutal and unprovoked invasion and help ensure the long-term security and prosperity of Ukraine and its people," International Trade Secretary Anne-Marie Trevelyan said. "We stand unwaveringly with Ukraine in this ongoing fight and will work to ensure Ukraine survives and thrives as a free and sovereign nation."