EU ambassadors have agreed to update and extend the liberalized trade agreement with Ukraine.
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The new agreement provides that quotas and duties will be introduced taking into account import volumes not only in 2022 and 2023, but also in the second half of 2021. The Belgian Presidency of the Council of the European Union announced this on the social network X on March 27.
EU ambassadors have agreed a new compromise on continued trade measures for Ukraine that strikes a balanced approach between supporting Ukraine and protecting EU agricultural markets, a report said.
Now this norm will be submitted to the European Parliament for consideration.
As you know, on June 5 this year, the EU measures to liberalize trade for Ukraine in the context of the war on the part of Russia expire, and member countries were discussing their extension.
Let us remind you that on March 15, the European Parliament did not agree on the European Commission’s proposal to extend the regime of duty-free import of agricultural products from Ukraine to the EU for another year. Amendments to the European Commission’s proposal to suspend import duties and quotas on Ukrainian agricultural exports to the EU were supported by 347 parliamentarians. 117 deputies opposed, and 99 abstained.
Also that day, they amended the proposal regarding Ukraine to strengthen guarantees for EU farmers.
Source: Racurs
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