EU member states’ reached to renew the suspension of import duties and quotas on Ukrainian exports to the EU until 5 June 2025.
EU member states’ representatives (Coreper) confirmed today the provisional deal reached earlier on the same day between the Council presidency and the European Parliament representatives to renew the suspension of import duties and quotas on Ukrainian exports to the EU until 5 June 2025. This renewal reaffirms the EU’s unwavering political and economic support for Ukraine, after two years of Russia’s unprovoked and unjustified military aggression. At the same time, the EU has decided to reinforce the protection of sensitive agricultural products by beefing up safeguards already included in the currently applicable autonomous trade measures, which includes taking into account any adverse impact on the market of one or several member states, rather than just on the EU market as a whole (as is the case now). A new automatic safeguard will also be added for certain sensitive products, such as poultry, eggs, sugar, oats, maize, groats and honey. The autonomous trade measures (ATMs) will allow Ukraine to continue generating its own income from trade flows with the EU, which is important to support its economy. Coupled with the EU’s extensive military, financial and humanitarian support, this will help Ukraine with its long-term recovery as well as its gradual integration into the EU internal market. |