EU may agree to cancel some quotas for imports (08/08/99)

EU may agree to cancel some quotas for imports

Eastern Economist

KYIV - The European Union is ready to sign a new agreement with Ukraine on textile trade that would enlarge quotas for importing Ukrainian textiles to the EU. Some quotas may even be canceled, provided Ukraine cuts import customs duties on textiles to the 1996 level.

This statement was made by representatives of the EU's official delegation following talks in Kyiv held within the framework of the second joint session of the Committee on Cooperation between Ukraine and the EU.

In addition, an agreement was reached to conclude the feasibility report on the creation of a free-trade zone between both sides by April 2000, when the third session of the committee is scheduled to meet.

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