June 21, 2024
2 mins read

Ukraine, EU extend freight transport deal for another year

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…reports Asian Lite News

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.

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.

Putin warns South Korea

Meanwhile, Russian President Vladimir Putin has said South Korea would be making a “big mistake” if it supplies arms to Ukraine.

“If that happens, then we will make corresponding decisions that will not please the current leadership of South Korea,” Putin said on Thursday during a trip to Vietnam.

The South Korean government had earlier expressed concern over a new Russia-North Korea strategic partnership that includes a vow of mutual aid if either country is attacked.

Seoul said the security commitments violated UN sanctions imposed on Pyongyang. It also suggested it could reconsider its long-standing policy of not supplying weapons to Kiev.

North Korea, ruled by President Kim Jong Un, is subject to far-reaching UN sanctions and import bans due to its nuclear weapons programme, including the trade in weapons and the transfer of military technologies to the country.

During a state visit to Pyongyang on Wednesday, Putin signed the partnership agreement with Kim. At a press conference in Hanoi on Thursday, Putin called Seoul’s concerns unfounded.

ALSO READ-UAE leaders congratulate Saudi King on successful Hajj

Previous Story

No normalization with Israel soon, says Saudi envoy to UK  

Next Story

Le Pen’s National Rally seen leading vote in French polls

Latest from -Top News

Jaishankar, Tharman Discuss Strategic Ties

The discussions come ahead of President Tharman’s scheduled meetings with President Droupadi Murmu and Prime Minister Narendra Modi on Thursday…reports Asian Lite News External Affairs Minister S. Jaishankar met with visiting Singapore

New Zealand, UAE Seal FTA

New Zealand’s key exports to the UAE include dairy, industrial products, meat, horticultural products and travel services…reports Asian Lite News New Zealand has signed a Free Trade Agreement (FTA) with the United

India Shines at Heimtextil 2025

The January 14-17 event saw vibrant participation from industry leaders and exporters, highlighting India’s drive for global textile leadership….reports Asian Lite News India highlights its textile prowess at Heimtextil 2025 in Messe

India Bets Big on a Sustainable Future

India’s total renewable energy installed capacity recorded a robust double-digit growth of 15.84 per cent to touch 209.44 GW…reports Asian Lite News India is projected to see a five-fold growth in green

Tamil Pride Finds Voice in US House

The resolution states that designating January as Tamil Language and Heritage Month will enable the people of the United States to honor and celebrate the Tamil community’s rich history, language, and culture….reports
Go toTop

Don't Miss

Rustem Umerov Takes Helm as Ukraine’s New Defence Minister

Umerov’s nomination, which was submitted by Ukrainian President Volodymyr Zelensky,

PM briefs Biden about his recent Ukraine visit

PM Modi and Biden held discussions on various regional and