The Parliament and the Council of the EU reached a preliminary agreement on continuing trade liberalization measures for Ukraine. The temporary suspension of import duties and quotas to export Ukrainian agricultural products to the EU will be extended for another year – until June 5, 2025, to support Ukraine in the face of the Russian war.
At the same time, the EC “may take swift action and introduce any measures it deems necessary if Ukrainian imports cause significant disruptions in the EU market or in the markets of one or more member states.”
According to the current regulation, “emergency braking” can be applied “for particularly sensitive agricultural products, namely poultry, eggs, and sugar.” Members of the European Parliament managed to expand this list, including oats, corn, cereals, and honey. They also obtained firm commitments from the EC regarding measures in the event of a sharp increase in wheat imports from Ukraine.