Even with the new year, Ukraine will live under the new economic rules: from January 1, 2016 will come into force the Agreement on free trade zone between Europe and our country.

The agreement provides for a 10-year transition period, during which Ukraine has to adjust to the European format.

C January 1, 2016 we will have to cancel or reduce duties on almost all European goods, which are imported to Ukraine (tariffs from 5 to 15%), as was done unilaterally for our goods EU Member States in the period from May to November 2014 to help Ukraine in the fight against the economic crisis.
Most abolish duties at once, but a number of goods - gradually, for example, cars for 5 years from 7.5% to 0%, 1.5% per year (we protect its manufacturer).
"After the abolition of import duties imported goods cheaper, but the Ukrainians do not win much, as for the year hryvnia depreciated by almost half.
On the upside, the experts referred to the fact that the Ukrainian medium-sized businesses (agricultural products, services, IT-technology) is a real chance of entering the EU market, and subject to adjustment to European standards will be able to develop, and this leads to additional revenue in the budget in the form of taxes and create jobs.
Also, after the abolition of fees for consumers cheaper products in the EU is above all home appliances - refrigerators, washing machines, microwave ovens.
But, according to experts, the producers of food and light industry will face more intense competition. First of all, it concerns cheese, bacon, meat (Poland), pasta (Poland, Italy), dry goods (Lithuania), confectionery (Germany). This may lead to the bankruptcy of a large number of enterprises, and as a consequence - the drop in revenue in the budget.
Following negotiations on a free trade zone between Ukraine and the European Union, as well as representatives of Russia at ministerial level scheduled for 7 September in Brussels.
Prior to this, experts representing the parties, hold technical meetings.