Brussels reintroduces tariffs on Ukrainian oats due to high imports

Published 2024년 6월 19일

Tridge summary

The European Commission is reintroducing tariffs on Ukrainian oats imported into the EU from Wednesday to June 5, 2025, due to increased imports. This action is part of an 'emergency brake' system designed to address concerns from European producers about competition. The tariff quota for oats is set at 4,000 tons, and once this volume is reached, the most favored nation tariff will apply until 2025. Ukraine has exported significant amounts of oats in recent months, with over 11,000 tons shipped between July 2023 and May 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European Commission announced today that starting this Wednesday and until June 5, 2025, it will reintroduce tariffs on Ukrainian oats arriving in the European Union (EU), due to the high levels of imports of that cereal from the affected country. due to the 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 Kiev in the face of the Russian invasion. These exemptions have been prolonged for some time. 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" that 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 tomorrow. Consequently, from tomorrow until the 5th June 2025, Ukrainian oats imported into the EU will be ...
Source: Agrodiario

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