US Removes Piracy Sanctions From Ukraine

An anonymous reader writes The US has restored Ukraine to their preferred trade partner status after requiring the country to crack down on piracy. The United States had also imposed 100-percent import duties on $75 million worth of Ukrainian exports since 2002." From the article: "Concern over high piracy rates prompted the Bush administration to suspend Ukraine from the program in 2001. At that time, Ukraine was the largest producer and exporter of pirated CDs and DVDs in Europe, USTR said."

Comments

$75 million in trade over three years????

[Anonymous Crowhead]

I'm surprised both of our economies didn't collapse. How could we do without the Ukraine?

I had no idea . . .

[Ph33r th3 g(O)at]

. . . Ukraine even had a significant maritime presence, much less was engaged in piracy.