The European Union won’t introduce new commerce preferences for Ukraine instantly after the present commerce liberalisation mechanism expires on 5 June 2025 however will subsequently introduce some adjustments to the phrases of the free commerce space accredited below the EU-Ukraine Affiliation Settlement.
Supply: European Pravda, citing an unnamed European official accustomed to the progress of commerce negotiations between Ukraine and the EU
Particulars: The European official harassed that after 5 June 2025, when the present Autonomous Commerce Measures (ATM) granted to Ukraine expire, commerce situations will revert to pre-war ranges. Nonetheless, the EU, along with Kyiv, plans to suggest particular beneficial changes for Ukraine thereafter.
The supply informed European Pravda that ranging from 6 June, the ATM – commerce preferences for Ukraine launched by the EU after the beginning of the full-scale Russian aggression – would finish. The situations, they mentioned, would return to pre-war ranges. Each the commerce preferences and the present restrictive measures on quite a few commodities, reminiscent of hen meat, eggs and honey, would even be lifted.
They added that the thought of leaving commerce preferences for some Ukrainian exports to the EU, reminiscent of metal, is being mentioned.
The European official mentioned that the EU would subsequent proceed discussions on amending Article 29 of the EU-Ukraine Affiliation Settlement as a way to develop essentially the most beneficial commerce situations for either side and assist Ukraine's war-affected economic system.
Background:
- Earlier, Polish Agriculture Minister Czesław Siekierski said that the European Fee had not but submitted a proposal on the commerce visa-free regime with Ukraine to the EU Council.
- On 13 Might 2024, following prolonged and intense negotiations, the EU Council accredited an extension of preferential commerce measures with Ukraine for one more yr – till 5 June 2025.
- Relating to the longer term format of commerce relations between Ukraine and the EU, tentative agreements have been reached to combine the duty-free regime into the EU-Ukraine Affiliation Settlement.
- In February 2025, Ukraine's First Deputy Prime Minister, Yuliia Svyrydenko, mentioned throughout a joint assembly of the European Fee and the Ukrainian authorities that Kyiv's precedence for 2025 was to conclude consultations on commerce liberalisation below Article 29 of the Affiliation Settlement.
- That very same month, the agriculture ministers of Hungary, Bulgaria, Romania and Slovakia known as for the reintroduction of pre-war quotas on Ukrainian agricultural imports.
Assist Ukrainska Pravda on Patreon!
Leave a Reply