The EU extended for a year the abolition of quotas and tariffs on exports from Ukraine

The Council of the European Union (EU) has extended the abolition of all tariffs and quotas on exports from Ukraine for a year. This should from the statement of the European Office.

“The Council of the EU approved a resolution to extend the abolition of all customs duties, quotas and protective trade measures on Ukrainian exports for another year, until June 2024,” the message says.

The representative office clarified that such a measure does not apply to the ban on the export of Ukrainian grain to Bulgaria, Hungary, Poland, Romania and Slovakia, introduced in early May.

24 May Swedish Presidency of the EU Council reportedthat European countries have agreed to extend the ban on duties, tariffs and quotas on Ukrainian exports. According to the Permanent Mission, this “will help Ukraine maintain the stability of trade relations with the EU and preserve the economy.”

The ban on the collection of duties on goods from Ukraine was approved by the EU countries in the summer of 2022 for a year.

Problems with the export of grain to Eastern European countries began this spring. In April, a number of Eastern European countries temporarily banned the import of Ukrainian grain into their countries.

After that, EC President Ursula von der Leyen handed over to the governments of Bulgaria, Hungary, Poland, Romania, Slovakia and the Czech Republic that Brussels is “preparing a new support package of 100 million euros” for farmers in these countries from EU funds in exchange for their governments lifting bans on imports of Ukrainian agricultural products. On May 2, the European Commission (EC) banned the export of grain from Ukraine to Bulgaria, Hungary, Poland, Romania and Slovakia, but allowed its transit and export to other EU countries.