**Ukraine and EU Extend Transport Visa-Free Regime**
In a significant move, Ukraine and the European Union (EU) have extended the transport visa-free regime until the end of this year. This agreement has been in place since 2022 and allows Ukrainian exporters to travel to the EU without bureaucratic obstacles.
According to Prime Minister Denys Shmyhal, the extension is part of Ukraine’s sectoral integration into Europe and a prerequisite for membership in the European Union. The deal has already led to a significant increase in Ukrainian exports to the EU, with a 42% rise over the past three years, while imports from the EU have increased by 37%.
The transport visa-free regime has been extended four times since its introduction in 2022. This move comes as the EU considers a new set of rules for Ukraine’s preferential trade agreement, which is set to expire on June 5.
**Commentary**
The extension of the transport visa-free regime is a positive development for Ukrainian exporters and the country’s integration into the European Union. The agreement has already led to significant economic benefits, and its continuation will likely encourage more Ukrainian companies to take advantage of the EU market.
However, the uncertainty surrounding the future of Ukraine’s preferential trade agreement with the EU remains a concern. The proposed new rules could lead to changes in the way Ukrainian goods are traded with the EU, which may impact exporters.
**Deeper Analysis**
The extension of the transport visa-free regime is part of Ukraine’s broader efforts to integrate into the European Union. As the country moves closer to membership, it will need to address various economic and trade-related issues.
The proposed new rules for Ukraine’s preferential trade agreement could be a game-changer for Ukrainian exporters. By establishing specific export and import volumes, these rules may help Ukraine’s integration into the EU single market while addressing concerns from member states about agricultural imports.
**Key Developments**
* The transport visa-free regime has been extended until the end of this year.
* The deal has led to a 42% increase in Ukrainian exports to the EU over the past three years.
* The EU is considering a new set of rules for Ukraine’s preferential trade agreement, which may impact exporters.
* Ukraine and the US will begin technical consultations on the minerals agreement on April 11.
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