For the first time, the EU applies "emergency braking" of Ukrainian exports

Published 2024년 6월 19일

Tridge summary

The article explains that starting from June 19, 2024, until June 5, 2025, Ukrainian oats will be imported into the EU countries under a tariff quota, which has been in place since 2016 and is automated due to a revision of the autonomous trade measures (ATM) implemented on June 6, 2024. This quota is triggered when average annual imports reach a certain volume. Due to exports exceeding the set quota for 2024, MFN duties will be applied until the end of the year, after which the quota will be available again. Ukraine exports oats to various countries, including the EU, India, Iraq, and Vietnam, among others.

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Original content

From June 19, 20204 to June 5, 2025, Ukrainian oats will be imported to the EU countries within the tariff quota, which has been in effect since 2016 between the two parties. The automatic re-introduction of this tariff quota is the result of the revision of the autonomous trade measures (ATM), which have been in force since June 6, 2024, the press service of the European Commission reported. "The ATM regulation provides for emergency braking for several products, including oats, which is automatically triggered if import volumes reach the average annual imports registered between July 1, 2021 and December 31, 2023. For oats, this average volume is 2.44 thousand tons. tons After reaching this volume, the Commission re-introduces the corresponding tariff quota within 14 days," the message explains. As the European Commission reminded, the export quota for Ukrainian oats is set at the level of 4,000 tons. As imports from the beginning of 2024 exceed this volume, MFN duties will ...

Source: Agravery