In response to the embargo imposed by Russia, Ukraine introduces the
import customs tariff of the most-favored nation treatment for the goods
originating from the Russian Federation starting from January 2, 2016.
This is reported by the press service of the Economic Development and
Trade Ministry of Ukraine.
As the Ministry explained, the Ukraine’s customs tariff consists of
three rates: the first rate equals 0% and is preferential for the countries
Ukraine has the FTA agreement with, the second rate is the most-favored nation
treatment for the WTO member states, and the third rate applies to the
countries which are not the WTO members.
Thus, the rate for Russia will be not as that for the countries with
preferential trade regime. It will amount to 0.5%-10%, noted the Ministry.
As a reminder, Russia announced the imposition of embargo on Ukrainian
agricultural goods starting from January 1.
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