The EU has reached a provisional agreement on granting Ukrainian food producers tariff-free access to its markets until June 2025, said the European parliament.
The European Union has reached a provisional agreement on granting Ukrainian food producers tariff-free access to its markets until June 2025, the European Parliament said in a statement on Wednesday.The European Union has reached a provisional agreement on granting Ukrainian food producers tariff-free access to its markets until June 2025, the European Parliament said in a statement on Wednesday.
The reference period for triggering the emergency brake will be 2022 and 2023, indicating that tariffs would be re-imposed if imports of these products exceeded the average volumes of these two years, it said. The European Parliament negotiators also ensured that the Commission would act within 14 days, instead of 21 days, if trigger levels for the automatic safeguards were reached.
The European Parliament last week backed amendments to add grain and honey to the emergency brake and to set the threshold at the average of 2021, 2022 and 2023, a lower level than the January proposal because 2021 was before Russia's invasion, when Ukrainian agricultural exports to the EU were curbed by tariffs and quotas.
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