The UK to continue duty-free trade with Ukraine until 2029
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Economics
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The UK to continue duty-free trade with Ukraine until 2029

Government of Great Britain
Great Britain

Great Britain will continue duty-free trade with Ukraine for the majority of goods for another five years - until 2029.

Duty-free trade with Great Britain is being continued

The UK government said the move was aimed at helping Ukrainian businesses affected by the war and was the most generous tariff discount offered by any country.

UK Trade Minister Greg Hands and First Deputy Prime Minister of Ukraine Yulia Svyridenko will sign the agreement on February 8 in a virtual ceremony.

This agreement provides much-needed long-term economic support to Ukraine, its businesses and people, which is critical to its recovery from Putin's illegal invasion, Hands said.

The UK government has said that most trade between the UK and Ukraine will remain duty-free until at least 2029.

The commitment is part of the UK's efforts to support Ukraine following Russia's full-scale and illegal invasion, which disrupted supply chains and transport routes and affected Ukraine's ability to export goods.

The new agreement provides for the extension of duty-free trade for all goods for five years, except for eggs and poultry, which will be extended for two years.

British aid to Ukraine

In May 2022, the UK eliminated all tariffs under the UK-Ukraine Free Trade Agreement until March 2024.

In 2024-25, the UK will provide £2.5 billion in military aid to Ukraine, which is £200 million more than in the previous two years.

This will include the most oversized delivery of drones to Ukraine from any country.

Since the full-scale invasion of the Russian Federation in 2022, Britain has provided Ukraine with more than £10 billion in military, humanitarian and economic support.

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