Britain removes all Ukraine tariffs to help the war-torn country's economy
April 26, 2022, 7:05 am

Britain removes all Ukraine tariffs to help the war-torn country's economy

Westminster Bridge in London, England (File photo: Pixabay)

The UK Government official website reported that the UK has announced Monday (Apr 25) new measures to support Ukraine in its conflict with Russia by removing all tariffs covered by the existing UK-Ukraine trade deal and hitting the Putin government with fresh sanctions.

This means that all tariffs on goods imported from Ukraine will now be reduced to zero and all quotas will be removed under the free trade agreement, providing Ukraine economic support in their hour of need.

According to the announcement, the Prime Minister pledged to cut tariffs to support Ukraine’s economy through this crisis when he visited Kyiv earlier this month.

International Trade Secretary Anne-Marie Trevelyan met Ukrainian Ambassador to the UK His Excellency Vadym Prystaiko in London last week to reiterate the UK’s unwavering support for Ukraine and set out the new measures.

Boris Johnson pledged to cut tariffs to support Ukraine’s economy through this crisis when he visited Kyiv earlier this month (Photo: UK PM official Facebook page)

The announcement comes following a direct request from President Zelenskyy’s government to liberalise tariffs and support the Ukrainian economy.

Removing tariffs on key Ukrainian exports including barley, honey, tinned tomatoes and poultry will help Ukrainian businesses and producers when they need it most.

Boris Johnson tells President Zelensky UK will provide Ukraine with more military equipment

In addition, the UK has also announced an export ban on products and technology that Russia could use to repress the heroic people of Ukraine. Products targeted could include interception and monitoring equipment.

This will close any existing loopholes to ensure that Russia is not buying these goods from the UK.

levantnews, ukgovernment

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”