City
Epaper

Ukraine, EU extend freight transport deal for another year

By IANS | Updated: June 21, 2024 04:25 IST

Kiev, June 21 Ukraine and the EU have amended and extended their agreement on freight transport liberalisation, which ...

Open in App

Kiev, June 21 Ukraine and the EU have amended and extended their agreement on freight transport liberalisation, which was due to expire on June 30, for another year, the Ukrainian government press service reported.

The updated deal includes provisions for prolonging the cancellation of special permits for haulers travelling between Ukraine and the EU, Xinhua news agency reported.

At the same time, the agreement created new mutual obligations between the parties regarding transport licenses and the labelling of trucks.

Ukrainian Prime Minister Denys Shmyhal said the "transport visa-free regime" with the EU would contribute to Ukraine's integration into the European economic space and spur the country's economy.

"It will ensure positive dynamics of exports to the EU countries, which will make us more economically sustainable," Shmyhal added.

According to him, in the past 18 months, Ukraine's exports to the EU increased by 48 per cent backed by permit-free freight transport travel.

Ukraine and the EU signed the freight transport deal in June 2022.

At the end of last year, Polish carriers staged protests at several checkpoints on the Ukrainian border, demanding the return of the permit regime for Ukrainian haulers crossing into the EU.

The updated agreement includes a clause that a permit-free regime for Ukrainian carriers could be automatically extended until the end of 2025.

--IANS

int/khz

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalNagaland govt names Air India Express as official travel partner of famed Hornbill Festival

EntertainmentJoaquin Phoenix, Rooney Mara come on board for Palestinian short 'I'm Glad You're Dead Now' as executive producers

AurangabadFire breaks out at apartment in friends colony; one family rescued, no casualties

TechnologyTelangana Cabinet clears Bill for welfare of Gig workers

BusinessTelangana Cabinet clears Bill for welfare of Gig workers

International Realted Stories

InternationalAbhishek Singh, India's High Commissioner to Nigeria, concurrently accredited as Permanent Representative to ECOWAS

InternationalMEA cautions against job fraud cases as Iran suspends visa-free access for Indians

InternationalIndia-Russia ties a factor of stability in international relations: Jaishankar

InternationalIndia, Russia hold High-level Interagency consultations in Delhi

InternationalMajority of US colleges see decline in Indian student enrollment in 2025