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Ukraine sees opportunity in India-US trade tussle

Ukraine is optimistic that India’s imposition of tariffs on apples and nuts from US will provide it a great opportunity to penetrate the Indian market. While India’s import duty on apples and nuts was at 30% earlier, it has quadrupled to the forbidden level of 120% of the customs value of these products, which are of interest to Ukraine. Andrei Yarmak, head project to promote export of Ukrainian food and economist of Food and Agriculture Organization of the United Nations (FAO), commented on the development, “India has de facto banned the supply of apples and nuts from the United States, which provides an excellent opportunity for Ukraine to gain a foothold in this market, because already in the past season Ukraine has unblocked the issues of access to the apple market in India and even made the first successful shipments.”