EU Plans Tariff Cuts For Ukraine In Light Of Crisis

Law360, New York (March 11, 2014, 3:19 PM EDT) -- The European Commission on Tuesday unveiled a proposal to temporarily cut tariffs on Ukrainian exports to the European Union, a move the EU's trade chief described as an "economic lifeline" as Ukraine recovers from months of political turmoil.

The commission said it approved a plan that would remove customs duties on Ukrainian goods until Nov. 1, though that ending date could be extended. The tariff cuts — which require approval from the European Parliament — would be equivalent to the EU's offer on tariffs under a...
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