The European Union has published details of restrictions on free trade with Ukraine

April 8 Evening Permanent Representatives of EU Member States Confirmed the agreement Preferential trade with Ukraine could be continued for another year, but with restrictions on agricultural products.

About this, as “European Truth” writes, It is said In a message from the Council of the European Union.

The agreement provides that the suspension of import duties and quotas on Ukrainian exports to the EU will be extended until June 5, 2025. At the same time, it has two safeguard mechanisms to protect the EU market.

The first mechanism is a strengthened version of existing controls that will be applied based on regular monitoring by the European Commission.

The second, new mechanism will force the European Commission to reintroduce tariff quotas on imports of poultry meat, eggs, sugar, as well as oats, corn, cereals and honey from Ukraine. 2021, 2022 and second half of 2023.

The EU has agreed to terms of continuing free trade with Ukraine with restrictions

The action of this mechanism is automatically triggered 14 days after the detection of excess export volume, not 21 as previously expected. Additionally, it now takes into account import data for the pre-war year 2021, not just 2022 and 2023.

The new terms of preferential trade between Ukraine and the EU are expected to be approved first by the special committee of the European Parliament already on April 9, and by the end of the month – by the full session of the European Parliament. .

After that, the relevant regulation will be adopted by the Council of the European Union, signed by representatives of the Council and the European Parliament, it will be published in the Official Journal of the European Union, and will enter into force on June 6.

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Read details: Trade with compromise: under what conditions Ukraine will maintain free access to the EU market.

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