EU sets conditions for first €3.2bn Ukraine tranche, including tax on low-value parcels and customs reform

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Ukraine must fulfil a number of conditions to receive the first €3.2 billion tranche of EU macro-financial assistance in June: submit a bill to abolish the VAT exemption for imported parcels worth up to €150, update the Customs Code and appoint a permanent head of the State Customs Service.

Source: European Pravda's Brussels correspondent, citing information provided by a European Commission official on condition of anonymity

Details: To receive the first tranche of budget support from the EU's €90 billion loan, Ukraine must implement several reforms, including submitting an updated Customs Code and appointing a permanent customs chief.

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