Russia reported to be cancelling duty free trade with Ukraine

Russia reported to be cancelling duty free trade with Ukraine

The duty-free trade deal between Russia and Ukraine is coming to an end. Russia says fundamental changes mean that it will invoke Article 62 of the Vienna Declaration to terminate the understanding. The move comes as Russia insists it needs to protect domestic markets after Ukrainesigned the Association Agreement on June 27, which gives Kiev duty-free trade status with the European Union.

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