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Ukraine's Parliament Approves New Customs Code as EU4PFM Reviews 2026 Progress

Ukraine's Parliament Approves New Customs Code as EU4PFM Reviews 2026 Progress Photo: Мінфін

17th Meeting of the EU4PFM Steering Committee

The 17th session of the Steering Committee for the EU4PFM Program, which supports public financial management reforms in Ukraine, reviewed achievements from 2026 and outlined priorities for the upcoming six months. Operating for over eight years, EU4PFM focuses on essential reforms in public finance, playing a strategic role in Ukraine’s journey toward European Union membership.

Significant Reforms and Milestones

The European Commission’s enlargement report highlighted Ukraine’s advancements in taxation and customs policy. A landmark accomplishment was the Ukrainian Parliament’s first reading approval of a new Customs Code, achieved with expert assistance from EU4PFM. These reforms have been implemented amid wartime challenges, underscoring the need to maintain resilient public finances and uninterrupted government functions.

Yurii Drahanchuk emphasized: 'EU4PFM has been a vital partner in transforming and strengthening our financial system. The recent European Commission enlargement report recognized Ukraine’s consistent annual progress in two key areas of the Ministry of Finance’s work—taxation and customs integration.'

Consequently, EU4PFM continues to play a crucial role in evolving Ukraine’s financial infrastructure and aligning it with European standards.

The program’s work highlights the essential nature of international support for Ukraine amid economic difficulties. In particular, reforms in customs legislation and taxation are critical for enhancing the country’s financial stability and advancing its convergence with EU norms. Successfully carrying out these reforms lays a foundation for Ukraine’s future economic growth and deeper integration into the European community.

As Ukraine implements significant reforms in customs and taxation, the ongoing collaboration with international partners remains vital. In a related context, discussions with the IMF on the EFF program are crucial for assessing the country’s economic stability and reform progress, further highlighting the interconnectedness of financial strategies in Ukraine’s path toward EU integration.