The United States declares that Ukraine's intention to revise tariff bindings within the World Trade Organization (WTO) could undermine bilateral trading relations.
A posting on the Web site of U.S. Trade Representative reads that Ambassador Ron Kirk said this at a meeting with Ukrainian Foreign Minister Kostyantyn Hryschenko on November 30.
"Ambassador Kirk expressed strong U.S. concern about Ukraine's request to alter tariff bindings on more than 350 products that it agreed to when it joined the WTO in 2008. This action is unprecedented and could undermine the multilateral trading system. Which is why almost all of Ukraine's significant trading partners – over a third of all WTO Members – have joined us in raising similar concerns," the statement reads.
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