Polish News Bulletin reported that Ukrainian government has quietly lowered excise rates for several products - a move that may pave the way to the Promised Land for many Polish companies. The new regulations entered into force on 16 August.

"The rates for products such as beef and pork have already been lowered. New rates for poultry will enter into force when Ukraine joins the World Trade Organization," says Mikolaj Conics of the trade and economic section of the Polish Embassy in Ukraine. Many Polish companies have been closely watching developments in Ukrainian legislation and are ready to start exporting.

Nonetheless, trucks are still not forming queues at border crossings, as Polish companies still have not obtained the necessary certificates. While many businessmen are very enthusiastic about the Ukrainian market, with its 90 million potential clients, some are still skeptical due to the country's political instability.  


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