Tariffs are introduced on egg and sugar imports from Ukraine to the EU

Published 2024년 7월 2일

Tridge summary

The European Commission will reinstate tariff quotas on sugar and egg imports from Ukraine starting July 2, 2024, due to the negative impact of cheap Ukrainian products on EU farmers. The Revised Trade Measures (ATM) cover seven agricultural products and are activated if import volumes surpass the average annual imports from July 2021 to December 2023. Oats were the first product affected on June 18, 2024. For eggs and sugar, the average import volumes are 23,188 tonnes and 262,652 tonnes respectively, and since these quotas have already been exceeded, additional imports will incur tariffs. New quotas will be set from January 1, 2025, to June 5, 2025. Ukraine's exports of eggs and sugar have surged in recent years, with significant exports to the EU, Middle East, Arabian Peninsula, West Africa, and other regions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European Commission has announced that imports of sugar and eggs from Ukraine will no longer be exempt from duties and quotas. Specifically, as of today, Tuesday, July 2, 2024, tariff quotas are reintroduced for egg and sugar imports from Ukraine to the EU. The influx of cheap Ukrainian products, especially in neighboring EU countries (Romania, Poland, Slovakia, Hungary and Bulgaria) and the dynamic mobilizations of European farmers, led the EU to activate an "emergency brake" on imports. The Revised Trade Measures (ATM), applicable from 6 June 2024, include seven agricultural products (poultry, eggs, sugar, oats, maize, cereals and honey) to be triggered automatically if the volume of imports reaches the average annual imports recorded between 1 July 2021 and 31 December 2023. Oats were the first product for which the measure was activated on 18 June. For eggs and sugar, the average is 23,188 tonnes and 262,652 tonnes respectively. Article 4 of Regulation 2024/1392 states ...
Source: Agrotypos

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