The End of the 'Trade Visa-free' Regime: What Alternative the EU Prepares for Ukrainian Exports.
The European Commission confirms that it will not extend autonomous trade measures for Ukraine after June 5, but will ensure a smooth transition to a new trading scheme. This was stated by the spokesperson of the European Commission Olof Gill. He also emphasized that all details of the trade liberalization between Ukraine and the EU will be enshrined in a free trade agreement. Although specific timelines for the start of the process are not mentioned, it will be implemented 'soon' and 'in a structured manner so that there is no room for doubt'. The goal of the European Commission is to integrate bilateral trade with Ukraine into the overall European system.
The Ukrainian government, together with the European Commission, worked on avoiding a return to the previous trade regime. This was stated by Prime Minister Denys Shmyhal, adding that the EU should continue the 'trade visa-free' regime until 2025. Let us remind you that the EU Council approved the extension of preferential trade with Ukraine until June 5, 2025.
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