EU loosens Ukraine trade quotas but keeps aid on hold

EU loosens Ukraine trade quotas but keeps aid on hold
 

The European Union has expanded the amount of produce Ukraine can export duty-free to the bloc as part of their free trade deal, but delayed disbursing a second tranche of aid pending further policy steps by Kiev, the bloc said on Friday.
A political and trade agreement between Ukraine and the EU came into force in January. Its original signing, fiercely opposed by Russia, was the spark for the popular uprising in 2014 that toppled a Kremlin-backed president.
Friday's announcement is a boon to Ukrainian exporters, some of whom had complained about the fact that the deal only allowed a... read more

 
30 September 2016 in Business, Views: 52
Source: Reuters
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