Preferential arrangements
Article 1
Regulation (EU) No 374/2014 is amended as follows: (1) Article 1 is replaced by the following: ‘Article 1 Preferential arrangements Customs duties on goods originating in Ukraine shall be reduced or eliminated in accordance with Annex I. Where reference is made in Annex I to staging categories, the basic rate of duties for 2014 and 2015 shall be eliminated in the case of staging category 0 and shall be reduced by 25 % in the case of staging category 3, by 16,7 % in the case of staging category 5 and by 12,5 % in the case of staging category 7.’ ; (2) in Article 2, the following point is added: ‘(e) respect for democratic principles, human rights and fundamental freedoms and respect for the principle of the rule of law provided for in Article 2 of the Association Agreement ( *1 ) . ( *1 ) OJ L 161, 29.5.2014, p. 3 .’ " ; (3) in Article 7, the second paragraph is replaced by the following: ‘It shall apply until 31 December 2015.’ ; (4) Annexes II and III are replaced by the text set out respectively in Annexes I and II to this Regulation.