EU imposes duties on imports of Ukrainian oats due to quota exceeding

Published 2024년 6월 19일

Tridge summary

From June 19, 2024, to June 5, 2025, Ukrainian oats will be imported to the EU under a tariff quota from the Deep and Comprehensive Free Trade Area (DCFTA) due to Ukraine exceeding established quotas. An emergency brake mechanism will be activated if imports reach 2,440.56 tons, the average annual imports between July 1, 2021, and December 31, 2023. The quota for oats is 4,000 tons, and since imports in 2024 have exceeded this volume, MFN duties will apply until the end of 2024. The DCFTA quota will be available again from January 1, 2025. Ukraine exported over 7,000 tons of oats to third countries in 2022 and 11.1 thousand tons from July 2023 to May 2024, with exports to various countries including the EU, India, Iraq, Libya, Morocco, South Africa, Switzerland, Turkey, and Vietnam.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From June 19, 2024, and until June 5, 2025, Ukrainian oats will be imported to the EU within the tariff quota from the Deep and Comprehensive Free Trade Area (DCFTA), as Ukraine has exceeded the established quotas, the European Commission said in a statement. The regulation provides for an emergency brake for several products, including oats, which is automatically triggered if imports reach the average annual imports registered between July 1, 2021 and December 31, 2023. For oats, this average volume is 2.440.56 tons. Once this volume is reached, the Commission will re-introduce the relevant DCFTA tariff quota within 14 days. “The quota for oats is set at 4 thousand tons. Since imports since the beginning of 2024 exceed this volume, MFN duties will be applied until the end of 2024. The DCFTA quota will be available again from January 1, 2025,” the statement ...

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