Brussels reintroduces tariffs on Ukrainian oats due to high imports

The European Commission (EC) reintroduces tariffs on Ukrainian oats from this Wednesday until June 5, 2025, due to the high levels of imports of that cereal from the country affected by war in recent months. In June 2022, the suspension of tariffs and quotas on imports of Ukrainian products came into force in the EU, as a measure to support kyiv in the face of the Russian invasion. Those exemptions have been extended for two years, but the latest extension, which came into effect earlier this month, has taken into account European producers' concerns about increased Ukrainian imports and contains an "emergency brake." which applies to eggs, poultry, sugar, oats, corn, groats and honey. It is precisely this emergency brake that the European Commission is going to activate for oats starting today. Consequently, from tomorrow until June 5, 2025, Ukrainian oats imported into the EU will be subject to the tariff quotas provided for in the Deep and Comprehensive Free Trade Area of the ...