News

The EU States tighten restrictions on imports from Ukraine, without capping wheat

Ukraine
France
Poland
Hungary
Regulation & Compliances
Published Mar 28, 2024

Tridge summary

The Member States' ambassadors have agreed to renew the customs exemption for Ukraine for an additional year starting in June, with specific restrictions to protect EU markets while supporting Ukraine's economy during the Russian invasion. This agreement introduces a mechanism for quick remedial actions in case of market disruptions and sets caps on imports of certain products like poultry, eggs, sugar, corn, honey, and oats based on 2022-2023 volumes, excluding soft wheat and barley from the capping mechanism. This compromise aims to address European farmers' concerns over unfair competition and market destabilization, while still aiding Ukraine. Additionally, Ukrainian Agriculture Minister Mykola Solsky highlighted the increased food demand due to Ukrainian refugees, estimating significant upticks in egg and poultry consumption, which presents further challenges in ensuring food security amidst the crisis. The European Parliament is set to review the amended agreement before a final vote.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The ambassadors of the Member States adopted a slightly modified version of the agreement reached on March 20 between State negotiators and MEPs to renew for one year, from June, the customs exemption for Ukraine accompanied by restrictions. This text was the subject of divergences between the States which wished to protect their markets more strictly, in particular by capping wheat and lowering the ceiling levels, and the States intending to protect Kiev's commercial revenues. Granted since 2022 to support Ukraine in the face of the Russian invasion, this exemption from customs duties fuels the anger of European farmers, who accuse the influx of Ukrainian products of lowering local prices and resulting from “unfair” competition. ". According to the agreement, Brussels will be able to quickly adopt “remedial measures” in the event of “significant disruptions” on the market, even in a single country, with increased monitoring of cereal flows. Importantly, imports of poultry, eggs, ...
Source: TerreNet
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