(MENAFN- UkrinForm) On July 2, the European Union reintroduced tariff quotas from the Deep and Comprehensive Free Trade Area (DCFTA) on imports of eggs and sugar from Ukraine.
This is reported by the Directorate-General for Agriculture and Rural Development of the European Commission , Ukrinform reports.
The revised autonomous trade measures, effective from June 6, 2024, provide for the so-called "emergency brake" for seven agricultural products, which is automatically triggered if imports reach the annual average recorded between July 1, 2021 and December 31, 2023.
For eggs and sugar, this average is 23,188.96 tons and 262,652.68 tons, respectively.
Since the import of eggs and sugar from Ukraine since the beginning of 2024 already exceeds the volumes established by the tariff quota, additional imports will continue under the most favored nation regime.
It is noted that from January 1, 2025, and until June 5, 2025, a new tariff rate quota will be introduced, which corresponds to five-twelfths of the threshold set for the "emergency brake". This new quota is set at 9,662.07 tons for eggs and 109,438.62 tons for sugar.
Read also: Ukraine exports over 400,000 t of
sugar since year-start - Agrarian Policy Ministry
As reported by Ukrinform, on June 5, the updated rules of duty-free and quota-free trade in agricultural products with the EU came into force , which will be valid for a year. Quotas have been set for some agricultural products based on the average harvest for the second half of 2021 and 2022-2023. This applies to six types of products: sugar, eggs, poultry, corn, cereals, and honey.
The quota of 262,000 tons for sugar exports to the EU has already been exhausted. On June 19, the European Union reimposed most-favored-nation duties on oats from Ukraine due to the excess of the established quota of 4,000 tons.
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