{"id":620612,"date":"2023-03-22T09:49:27","date_gmt":"2023-03-22T14:49:27","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/03\/22\/uk-signs-digital-trade-deal-with-ukraine\/"},"modified":"2023-03-22T09:49:27","modified_gmt":"2023-03-22T14:49:27","slug":"uk-signs-digital-trade-deal-with-ukraine","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/03\/22\/uk-signs-digital-trade-deal-with-ukraine\/","title":{"rendered":"UK signs digital trade deal with Ukraine"},"content":{"rendered":"<div id=\"content-header\">\n<h2>The UK and Ukraine have agreed a trade deal that will reduce the cost of IT imports from the war-torn country<\/h2>\n<\/div>\n<div id=\"content-center\">\n<ul>\n<li><i data-icon=\"1\"><\/i><\/li>\n<li><i data-icon=\"2\"><\/i><\/li>\n<\/ul>\n<div id=\"contributors-block\">\n<p><img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/rms\/computerweekly\/Karl-Flinders-profile-pic-2022-140x180px.jpg\" alt=\"Karl Flinders\">\n\t\t\t\t\t<\/p>\n<p><span>By<\/span><\/p>\n<ul>\n<li>\n\t\t\t\t\t<a href=\"https:\/\/www.techtarget.com\/contributor\/Karl-Flinders\">Karl Flinders,<\/a><br \/>\n\t\t\t\t\t\t<span>Chief reporter and senior editor EMEA<\/span>\n\t\t\t\t\t\t<\/li>\n<\/ul>\n<p>\n\tPublished: <span>21 Mar 2023 12:15<\/span>\n<\/p>\n<\/div>\n<section id=\"content-body\">\n<p>The UK government has extended tariff-free imports from Ukraine as part of a digital trade agreement, which will make the country\u2019s IT sector more attractive to UK businesses.<\/p>\n<p>Ministers also used The Road to Ukraine Recovery conference in London to encourage UK businesses to engage with Ukraine on future rebuilding projects.<\/p>\n<p>Business and trade secretary Kemi Badenoch MP said the digital trade agreement, which will see tariff-free trade on imports from Ukraine extended to early 2024, provides much-needed support to Ukrainian businesses.<\/p>\n<p>\u201c&#8230;initiatives will help protect jobs, livelihoods and families now and in Ukraine\u2019s post-war future,\u201d said Badenoch.<\/p>\n<p>The government said UK negotiators had been working on the deal with their Ukrainian counterparts since June 2022.<\/p>\n<p>The deal gives Ukraine guaranteed access to the financial services crucial for reconstruction efforts and means Ukrainian businesses will be able to trade more efficiently and cheaply with the UK through electronic transactions, e-signatures and e-contracts.<\/p>\n<p>The <a href=\"https:\/\/en.wikipedia.org\/wiki\/Yulia_Svyrydenko#:~:text=On%20December%2022%2C%202020%2C%20Zelensky,MPs%20voted%20for%20her%20appointment.\">minister of economy for Ukraine, Yuliia Svyrydenko,<\/a> said the deal illustrated that Ukrainian IT companies were in demand around the world despite the challenges of war.<\/p>\n<p>\u201cThe digital trade agreement has enshrined core freedoms for trade in digital goods and services. Ukraine believes that an open and free framework for the digital economy is the best investment in future-oriented development,\u201d added Svyrydenko.<\/p>\n<p>The IT services sector is an important source of export revenue for Ukraine. Some IT services and software development companies in the Ukraine already serve large businesses in the UK and other western countries.<\/p>\n<p>It is a resilient sector, which has continued to grow during Ukraine\u2019s war with Russia and the massive disruption it brought.<\/p>\n<p>According to a report from the IT Ukraine Association, the value of IT exports in the time from Russia\u2019s invasion in February last year to the end of December was $6bn, some 10% more than the same period in 2021.<\/p>\n<p>Konstantin Vasyuk, executive director at IT Ukraine Association, writing in the organisation\u2019s<i>\u00a0<a href=\"https:\/\/itukraine.org.ua\/files\/reports\/2022\/DoITLikeUkraine2022_EN.pdf\">Do IT like Ukraine<\/a><\/i> report, said: \u201cThese results were made possible due to the effective implementation of business continuity plans, timely relocation of teams, and diversification of development centres in Ukraine and abroad.\u201d<\/p>\n<p>Nearly 290,000 people in Ukraine are employed in the tech sector, and IT exports were worth 3.5% of Ukraine\u2019s GDP and 37.8% of total services exports in 2021.<\/p>\n<p>Ukrainian IT suppliers have praised their customers in countries such as the UK for not abandoning them during the disruption caused by the war.<\/p>\n<p><a href=\"https:\/\/www.computerweekly.com\/news\/365532752\/IT-gives-Ukrainian-economy-resilience-in-the-face-of-adversity\">Speaking to Computer Weekly earlier this month<\/a>, Maxim Ivanov, CEO at Ukraine-based software development supplier Aimprosoft, said customers were understanding of any service interruption given the scale and global significance of events in Ukraine.<\/p>\n<p>\u201cAll of our customers understood the situation, and many even paid for the days developers missed because they were on the move. The help from our customers was unbelievable and no contracts have been cancelled due to the war,\u201d added Ivanov. \u201cWe rely on support from other countries, but if this continues, we will win and rebuild Ukraine.\u201d<\/p>\n<p>Stuart Senior, a member of the supervisory board at property and construction consultancy Gleeds, said: \u201cAs international construction consultants, Gleeds has had a presence in Ukraine for many years. We welcome this new agreement which strengthens UK-Ukraine relationships and helps Ukraine\u2019s increasing development as a modern, open economy.<\/p>\n<p>\u201cThe [trade deal] removes barriers to digital trade and enables partnership initiatives and collaborative working to be delivered more effectively.\u201d<\/p>\n<\/section>\n<section id=\"DigDeeperSplash\">\n<h4>\n\t\t\t<i data-icon=\"m\"><\/i>Read more on IT outsourcing<\/h4>\n<ul>\n<li><a id=\"DigDeeperItem-1\" href=\"https:\/\/www.computerweekly.com\/news\/365532752\/IT-gives-Ukrainian-economy-resilience-in-the-face-of-adversity\"><br \/>\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero Images\/Ukraine-painted-flag-natanaelginting-adobe_searchsitetablet_520X173.jpg\" srcset=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/Ukraine-painted-flag-natanaelginting-adobe_searchsitetablet_520X173.jpg 960w,https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/Ukraine-painted-flag-natanaelginting-adobe.jpg 1280w\" alt ><\/p>\n<h5>IT gives Ukrainian economy resilience in the face of adversity<\/h5>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/rms\/computerweekly\/Karl-Flinders-profile-pic-2022-140x180px.jpg\" alt=\"KarlFlinders\">\n\t\t\t\t\t\t\t\t\t<\/p>\n<p><span>By: <span>Karl\u00a0Flinders<\/span><\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<p>\t\t\t\t<\/a><\/li>\n<li><a id=\"DigDeeperItem-2\" href=\"https:\/\/www.computerweekly.com\/news\/252529298\/Ukraine-CERT-leaders-touch-down-in-London-for-talks\"><br \/>\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero Images\/Ukraine-soldier-flag-Bumble-Dee-adobe_searchsitetablet_520X173.jpg\" srcset=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/Ukraine-soldier-flag-Bumble-Dee-adobe_searchsitetablet_520X173.jpg 960w,https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/Ukraine-soldier-flag-Bumble-Dee-adobe.jpg 1280w\" alt ><\/p>\n<h5>Ukraine CERT leaders touch down in London for talks<\/h5>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/rms\/computerweekly\/Alex-Scroxton-CW-Contributor-2022.jpg\" alt=\"AlexScroxton\">\n\t\t\t\t\t\t\t\t\t<\/p>\n<p><span>By: <span>Alex\u00a0Scroxton<\/span><\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<p>\t\t\t\t<\/a><\/li>\n<li><a id=\"DigDeeperItem-3\" href=\"https:\/\/www.computerweekly.com\/news\/252529292\/Ukraine-cyber-teams-responded-to-more-than-2000-attacks-in-2022\"><br \/>\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero Images\/Ukraine-painted-flag-natanaelginting-adobe_searchsitetablet_520X173.jpg\" srcset=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/Ukraine-painted-flag-natanaelginting-adobe_searchsitetablet_520X173.jpg 960w,https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/Ukraine-painted-flag-natanaelginting-adobe.jpg 1280w\" alt ><\/p>\n<h5>Ukraine cyber teams responded to more than 2,000 attacks in 2022<\/h5>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/rms\/computerweekly\/Alex-Scroxton-CW-Contributor-2022.jpg\" alt=\"AlexScroxton\">\n\t\t\t\t\t\t\t\t\t<\/p>\n<p><span>By: <span>Alex\u00a0Scroxton<\/span><\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<p>\t\t\t\t<\/a><\/li>\n<li><a id=\"DigDeeperItem-4\" href=\"https:\/\/www.computerweekly.com\/news\/252526887\/Microsoft-pledges-100m-in-new-IT-support-for-Ukraine\"><br \/>\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero Images\/Ukraine-painted-flag-natanaelginting-adobe_searchsitetablet_520X173.jpg\" srcset=\"https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/Ukraine-painted-flag-natanaelginting-adobe_searchsitetablet_520X173.jpg 960w,https:\/\/cdn.ttgtmedia.com\/visuals\/ComputerWeekly\/Hero%20Images\/Ukraine-painted-flag-natanaelginting-adobe.jpg 1280w\" alt ><\/p>\n<h5>Microsoft pledges $100m in new IT support for Ukraine<\/h5>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.ttgtmedia.com\/rms\/computerweekly\/Alex-Scroxton-CW-Contributor-2022.jpg\" alt=\"AlexScroxton\">\n\t\t\t\t\t\t\t\t\t<\/p>\n<p><span>By: <span>Alex\u00a0Scroxton<\/span><\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/div>\n<p>\t\t\t\t<\/a><\/li>\n<\/ul>\n<\/section>\n<\/div>\n<p><a href=\"https:\/\/www.computerweekly.com\/news\/365532996\/UK-signs-digital-trade-deal-with-Ukraine\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Christeen Guillemette<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK and Ukraine have agreed a trade deal that will reduce the cost of IT imports from the war-torn country By Karl Flinders, Chief reporter and senior editor EMEA Published: 21 Mar 2023 12:15 The UK government has extended tariff-free imports from Ukraine as part of a digital trade agreement, which will make the<\/p>\n","protected":false},"author":1,"featured_media":620613,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22067,516,46],"tags":[],"class_list":{"0":"post-620612","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-digital","8":"category-signs","9":"category-technology"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/620612","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=620612"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/620612\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/620613"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=620612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=620612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=620612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}