Australia Cancels Duties on Imports from Ukraine for a Year
The Australian government has decided to cancel duties on imports from Ukraine for one year. Earlier, the European Union and the UK did the same.
According to the Minister of Trade and Tourism of the country, Don Farrell, Ukrainian imports to Australia reached about $122 million in 2021. He also added that the government's decision includes a reduction in duties from 5 percent to zero for 12 months on a number of goods produced in Ukraine, but excise duties on fuel, alcohol and tobacco products will remain.
“Australia condemns Russia's unilateral, illegal and immoral aggression against the people of Ukraine. This measure demonstrates our commitment to support the economy of Ukraine as it deals with the ongoing, devastating effects of Russia's invasion,” Farrell said.