It is now known who won the fight over import quotas for sugar, chicken, and eggs from Ukraine

Published Feb 1, 2024

Tridge summary

The European Commission has proposed to extend the suspension of import duties and quotas on Ukrainian exports to the EU until June 5, 2025. This includes establishing import quotas for sugar, poultry meat, and eggs, with volumes determined by average imports of 2022 and 2023. If import volumes reach a certain threshold by mid-2025, tariffs may be reinstated. The Commission also plans to renew the suspension of all remaining duties on Moldovan imports for another year from July 24, 2022.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European Commission yesterday proposed to renew, for another year, the suspension of import duties and quotas on Ukrainian exports to the EU, whose current regime expires on June 5, 2024. Therefore, if the European Parliament and the Council approves the proposal, Ukrainian imports will continue to enter without tariff until June 5, 2025. The EC has detected three sensitive products (sugar, poultry meat and eggs) for which it proposes establishing import quotas. The question was what dates were going to be taken to determine quota volumes, taking into account that Ukrainian exports have skyrocketed after the war. The Commissioner for Agriculture, Janusz Wojciechowski, challenged his Trade counterpart, proposing to take into consideration the average imports of the three years prior to the war, but he has lost the fight. Finally, the years 2022 and 2023 will be considered, as reflected in the EC proposal. Specifically, the proposed regulation establishes that if during the ...
Source: Agrodigital

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.