April 16, 2024

EU MEPs agree to suspend import duties, quotas on Ukraine's agricultural goods until June 2025

Members of the European Council (MEPs) and the European Council's presidency agreed on suspending import duties and quotas on Ukrainian agricultural exports to the European Union for another year, until 5 June 2025.

These unilateral trade liberalisation measures will help stabilise the Ukrainian economy and facilitate the country's gradual integration into the EU's internal market, the European Parliament said.

Should there be significant disruption to the EU market or the markets of one or more EU countries due to Ukrainian imports, for instance, wheat, the regulation ensures that the European Commission can take swift action and impose any measures it deems necessary.

As part of reinforced safeguard measures to protect EU farmers, an emergency brake can be triggered for particularly sensitive agricultural products, namely poultry, eggs, sugar, oats, groats, corn and honey.

Negotiators agreed to extend the reference period used as a base for triggering this automatic safeguard — meaning that if imports of these products surpass the average of import volumes recorded in the second half of 2021 and all of 2022 and 2023, tariffs would be re-imposed.

In addition, the commission commits to step up its monitoring of imports of grain, in particular wheat.

Co-legislators also endorsed a commitment by the commission to discuss permanent tariff liberalisation with Ukraine under the review process of the Association Agreement as soon as the legislative procedure on the temporary liberalisation is completed.

Both the European Parliament and Council will now both have to give their final approval to the provisional agreement.

- European Parliament