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Ukraine will export some agricultural products to the EU under new rules.

The Ukrainian agricultural sector risks losing $3-4B annually due to insufficient export volumes.

Close-up of a combine loading soy beans into the truck.

Acting Minister of Agricultural Policy Taras Vysotskyi said that on June 5, updated rules for duty-free trade in agricultural products with the EU will come into effect and will be valid for one year. Quotas have been established for some agricultural products based on the average export rate for the second half of 2021 and 2022-2023. This applies to six types of products: sugar, eggs, poultry, corn, cereals, and honey.

The 262,000-ton quota for the export of sugar to the EU has already been exhausted. The government has introduced a zero quota for sugar, which will be in effect until the end of the year. However, Ukrainian agricultural producers continue to export sugar to countries in Africa, the Middle East, and Britain. In 2023, about 60% of farm products have been exported to EU countries.

In addition, laws will soon enter into force that ensure transparent and unhindered export mechanisms. The new changes will establish minimum prices for exporting grain, oil crops, nuts, and honey.

 

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