The European Parliament supports a one-year extension of trade liberalization for Ukraine.

On March 7, members of the Committee on International Trade of the European Parliament approved the continuation of trade liberalization measures to support Ukraine and Moldova. Accordingly, from June 6, 2024, to June 5, 2025, import duties and export quotas for agricultural products from Ukraine to EU countries will be removed.

At the same time, the EC is empowered to respond promptly and take measures in the event of severe disruptions in the EU market or individual countries caused by imports from Ukraine. Trade liberalization includes a mechanism for the emergency introduction of duties on particularly sensitive products, such as poultry, eggs, and sugar, in the event of their import above the average volumes from 2022-2023.

It should be noted that Poland’s amendments to extend restrictions and suspend imports, which can be considered if requested by at least one EU country, did not receive support.

The Parliament is expected to vote on its position in the first reading at a meeting next week.