EU reinstates import duties on Ukrainian sugar and eggs

Published Jul 3, 2024

Tridge summary

The article highlights the EU's decision to reinstate import tariffs on eggs from Ukraine, effective from Tuesday, with the annual import volume serving as the trigger for this move. This action follows the EU's resumption of tariffs on Ukrainian oats and extends the free import period for Ukrainian and Moldovan goods until June 2025, but with safeguards and tariffs necessary for certain agricultural products to protect EU markets from surges above average import quotas. This context is set against a backdrop of ongoing farmer protests in the EU, sparked by environmental regulations and issues such as low agricultural prices, imports from Ukraine, high costs of fertilizers and fuels, and inadequate budget allocations.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

It is reported that the measure "will take effect from the date of publication", that is, from this Tuesday to December 31. Earlier, the EU Commission representative told the Russian Satellite News Agency that in the next two weeks, the EU Commission will resume import tariffs on eggs imported from Ukraine to the EU if the annual import volume of such goods reaches the previously agreed critical value. In June, the EU Commission also resumed import tariffs on Ukrainian oats. Previously, the EU will extend the period for free import of goods from Ukraine and Moldova to June 2025. In January, the EU adopted a series of measures to protect EU countries, which were widely reported in the media. These included safeguards for sensitive agricultural products, including eggs, poultry and sugar, and the re-imposition of tariffs if the import quotas for these agricultural products exceed the EU average for 2022 and 2023. Farmers' protests in the EU have been going on for several years, ...

Source: Foodmate