The address of Ukraine to the World Trade Organization (WTO) on the revision of customs duties will not affect the interests of the country's main partners - the European Union and Russia, economic development and trade minister Peter Poroshenko said on air of Ukrainian TV channel.
He explained that the initiative to revise customs duties is reasoned by the content of the agreement on Ukraine's WTO membership. According to the minister, the negotiations on joining the organization had been long, but the result was not the best one because of political rather than economic motivation for signing.
"The level of customs protection of the Ukrainian market was slightly lower than of the absolute majority of our trading partners," Poroshenko said.
According to him, the Article 28 of the agreement provides for an opportunity to revise the level of tariff protection after three years of the agreement functioning.
Poroshenko said that such a revision would not affect the interests of Ukraine’s main partners - European Union and Russia. "After all, the EU has initialed free trade agreement with Ukraine, and an increased level of fees does not apply to countries, which we have a free trade agreement with. The situation is similar with the Russian Federation," he said.
"Only our largest trading partners have the right to participate in negotiations with Ukraine," the minister said.
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