EU to allow wider measures to control Ukraine grain imports

Published 2024년 1월 23일

Tridge summary

The European Commission is exploring options to allow eastern EU member states to limit agricultural imports from Ukraine, as it extends trade liberalisation with Kyiv until June 2025. This comes after the EU suspended import duties and quotas for Ukrainian imports since June 2022 to support its economy following Russia's invasion. However, this has led to protests in countries like Poland and Hungary due to the influx of cheap Ukrainian grain. The Commission is considering safeguards to protect sensitive products and to address disturbances in individual or multiple member states.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European Commission is looking into ways of allowing eastern EU member states to restrict farm imports from Ukraine as it extends trade liberalisation with Kyiv for a further year to June 2025, reported Reuters. The EU has suspended import duties, quotas and trade defence measures for imports from Ukraine since June 2022 to support its economy after Russia's invasion. However, cheap Ukrainian grain exports have sparked protests by governments, farmers and truckers in neighbouring countries such as Poland and Hungary. EU Trade Commissioner Valdis Dombrovskis said the Commission was about to present a proposal for the new period to June 2025, taking into account the sensitivities of agricultural sectors in eastern member states of the bloc. The existing arrangement does include safeguards but these only apply if the whole EU market is affected. "We're looking at the best ways to do it, including the possibility of having the safeguards not only in the case of disturbances to the ...
Source: Thepigsite

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