19:13 10.12.2012

EU expects Kyiv to withdraw its request for revision of its WTO commitments

1 min read

The European Union expects Kyiv to withdraw its request to revise the commitments it assumed while joining the World Trade Organization (WTO).

"In the spirit of establishing a Deep and Comprehensive Free Trade Area, the European Union expects Ukraine to refrain from introducing protectionist measures, such as recycling fees on vehicles, which are potentially in breach of its WTO commitments," reads the decision of the EU Foreign Affairs Council, which held a foreign ministerial meeting in Brussels on Monday.

In this regard, the EU reiterated its request to Ukraine to withdraw the notification for renegotiations of its WTO commitments under Article XXVIII of the GATT as this initiative "raises commercial concerns and poses a challenge to the integrity of the multilateral trading system."

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