The EU returned customs duties on Ukrainian oats

Published 2024년 6월 19일

Tridge summary

From June 19, 2023, to June 5, 2025, the EU will regulate the import of Ukrainian oats with a tariff quota under the Deep and Comprehensive Free Trade Area (DCFTA), following a review of autonomous trade measures (ATMs) effective from June 6, 2024. The quota is set at 4,000 tons, with an emergency brake if imports exceed 2,440.56 tons, reverting to most-favored-nation (MFN) duties until the end of 2024. The ATM regulation, which started on June 4, 2022, has positively impacted Ukraine's trade with the EU, maintaining stability despite the war. In 2023, the EU imported 22.8 billion euros worth of goods from Ukraine, slightly down from 24 billion euros in 2021. The ATMs also include emergency brakes for other products like eggs, poultry, sugar, maize, cereals, and honey.

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

Original content

From today, June 19, and until June 5, 2025, the import of Ukrainian oats to the EU will take place within the tariff quota from the Deep and Comprehensive Free Trade Area (DCFTA), which has been in effect since 2016 between the two parties. The automatic restoration of this tariff quota is the result of a review of autonomous trade measures (ATMs) effective from 6 June 2024. This was announced by the General Directorate of the European Commission for Agriculture and Rural Development. The ATM regulation provides for emergency braking for several products, including oats, which is automatically triggered if import volumes reach the average annual imports recorded between July 1, 2021 and December 31, 2023. For oats, this average volume is 2,440.56 tons. After reaching this volume, the Commission re-introduces the corresponding tariff quota with the FTA within 14 days. The quota for oats is set at 4,000 tons. As imports from the beginning of 2024 exceed this volume, ...

Source: Agroconf