EU tariffs on some Ukrainian agricultural exports to resume

Wed, Mar 20, 2024
By editor
2 MIN READ

Foreign

EU tariffs on large quantities of certain Ukrainian agricultural products are to be reintroduced, negotiators from the EU Council and the European Parliament agreed in Brussels.

Specifically, according to the parliament, this concerns eggs, poultry and sugar as well as maize, oats, groats and honey.

In the future, there will be a certain quota of these goods that can be sold duty-free in the EU.

Once this quantity has been reached, customs duties would come into force again.

For the time being, the suspension of customs duties would continue to apply to imports of wheat, although it would be possible to take measures under certain conditions.

According to the provisional agreement, these rules would apply until June 2025.

The EU lifted tariffs on Ukrainian agricultural exports in 2022 in a solidarity move to support the Ukrainian economy after Russia’s full-scale invasion.

The bloc originally planned to extend the suspension, meant to expire in June 2024, until 2025, in spite of major controversy surrounding exports of grain, among other goods, from Ukraine to the EU.

The extension had built-in safeguards based on tariffs to appease protesting EU farmers, angry about the market disruption caused by the Ukrainian exports.

EU Trade Commissioner Valdis Dombrovskis said at the time the suspension “strikes the right balance” between supporting Ukraine against the Russian invasion and protecting EU farmers’ interests.

According to the European Commission, the tariffs are calculated on the basis of the major increase of exports from Ukraine between 2022 and 2023.

While EU tariffs were first lifted in 2022 in solidarity with Ukraine, controls were imposed on Ukrainian grain products exported to Bulgaria, Hungary, Poland, Slovakia and Romania, following protests from farmers in the domestic agricultural industry.

These controls were eventually lifted in September 2023 however Poland, Hungary and Slovakia introduced import bans of their own. (dpa/NAN)

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-March 20, 2024 @ 15:35 GMT|

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