Kid Dynamite 7770 Posted February 15 Share Posted February 15 Trumps gonna expect Ukraine to just accept a new border to end the war I suspect. Until Russia decide they want a bit more of Ukraine in a few years 1 Link to comment Share on other sites More sharing options...
ohhh_yeah 3053 Posted February 18 Share Posted February 18 Yulia Svyrydenko @Svyrydenko_Y "More good news as Ukraine has signed a historic Comprehensive Economic Partnership Agreement with the United Arab Emirates. This unique agreement essentially opens the door to the global market, considering the UAE’s role as a key economic, trade, and financial hub in the Middle East. The United Arab Emirates is a leader in logistics and trade, which increasingly provides Ukraine with unprecedented opportunities. Secondly, this is not a traditional free trade agreement. The impressive scope is comprehensive, covering goods, services, investments, digital trade, and much more. Even short-term analysis shows that this agreement will help maintain a positive trade balance in merchandise trade. In the medium and long term, this partnership alone is expected to contribute around 0.10% to Ukraine's GDP growth trajectory. The agreement was signed jointly with the UAE Minister of International Trade, Thani bin Ahmed Al Zeyoudi @ThaniAlZeyoudi, in the presence of Ukraine’s President Volodymyr Zelenskyy @ZelenskyyUa, and the UAE’s President Mohamed bin Zayed Al Nahyan @MohamedBinZayed. What exactly does the agreement provide? Maximum market access liberalization for both our countries, covering almost all areas of bilateral trade. Ukrainian goods will gain full access to the UAE market for 96.6% of product lines. For certain goods (poultry meat, eggs, sunflower oil, and metal products), import tariff quotas will apply, with the possibility of duty-free trade within these limits. One of the most important outcomes is the creation of a Ukrainian-Emirati Investment Council, which will help increase the influx of investments and remove potential barriers faced by investors. We are grateful for the opportunities that this agreement opens for Ukrainian small and medium-sized enterprises. I am confident that the SME Committee, which we will establish under the agreement, will provide comprehensive business support, particularly in the areas of training and consulting. Ukrainian companies will gain simplified access to the markets of the UAE and other countries in the region, with predictable trade conditions and the removal of barriers to export and investment. The UAE has lifted the restriction for Ukraine on the foreign capital share of 49%. Now, Ukrainian entrepreneurs can register companies with a foreign capital share of up to 70%, and in some sectors—even gradually up to 100%. This applies, in particular, to commercial services, construction, education, healthcare, and accounting. When registering in the UAE’s free economic zones, the foreign capital share can be 100%. Another important area is digital trade. We guarantee the absence of customs duties on digital data transfers. We will work towards regulatory transparency for businesses that seek to join the digital economy. The highest growth rates are expected in sectors such as transportation, metallurgy, and the food industry—in particular, the milling sector and oil production. I am confident that this agreement will provide a powerful impetus for the development of our economies, enhance cooperation in key sectors, and serve as the foundation for further stable interaction between our countries. I would like to thank everyone who supported us during the preparation of this agreement. We have big plans, and we are confident that together we will reach a new level of cooperation with the United Arab Emirates." 2 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now