Ukraine will cut import taxes for „Made in EU” wines

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wines
Photo by hearstapps.com

Ukraine will cut import taxes for wines produced in the European Union next year, as part of its obligations under the agreement with the EU, Reuters reports.

Now, import taxes for wines produced in the European Union range from 0.3 to 0.4 euros per liter.

Last year, Ukraine imported $ 146.7 million worth of EU wines, while in the first half of this year, imports amounted to $ 67.9 million.

In 2014, Ukraine signed a comprehensive political and trade agreement with the EU.

The agreement with the EU is allowing Ukraine free access to the 500 million consumers in the EU, the world’s largest and richest single market.

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