Sink or Swim, Or Protection Of Ukrainian Agricultural Producers Under WTO Rules.

Mondaq Business BriefingNbr. 2010, January 2010

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Sink or Swim, Or Protection Of Ukrainian Agricultural Producers Under WTO Rules.

On its thorny path of accession to the WTO, which eventually ended on 16 May 2008, when Ukraine joined the WTO, Ukraine significantly liberalized trade in goods, including agricultural products. According to the Schedule of Concessions and Commitments annexed to the GATT 1994 (Schedule), Ukraine undertook to reduce the average tariff bindings for agricultural products from 18% to 10.66%. At the same time, the highest import duty rates are permitted for sugar (50%) and sunflower seed oil (30%). It is noteworthy that some bindings involve reductions phased in over a period up till 2013. Notably, the majority of tariff bindings shall be implemented in 2010-2011.

Ukraine also undertook to apply export duties only to ...

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