The Demand for Ukrainian Goods Doubled after Cancellation of Fees in the EU

  • 6/6/14 3:29 PM

The demand for Ukrainian food production doubled after withdrawal of duty on imports into the EU in May this year – claimed the Swiss company Nestle, one of the largest food and beverage producer in the world.

According to a press release of the company, referring to the director of corporate issues Nestle in Ukraine and Moldova Gennady Radchenko, requests from European partners on products produced in Ukraine rose by about half. Earlier duty on imports into the EU for Ukrainian food ranged from 9% to 15%.

"Over the years, the company's work in Ukraine was focused primarily on the needs of the domestic market. Export also grew, but it was not a priority. After cancellation of EU customs duties and preparation for the introduction of free trade with the European countries, new opportunities for exports have opened up in Ukraine. In this case, a positive role was played by the devaluation of the national currency - the price of Ukrainian goods to the euro has become quite attractive, "- said Radchenko.

Source: Podatkova Pravda


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