The European Union completes the preparation of a “smooth transition” proposal in connection with the end of the Duty Free imports of goods from Ukraine on June 5th. This was reported Ria Novosti In the European Commission.
The European Commission stated that he decided to consult with Kiev in accordance with Article 29 of the Association Agreement between the EU and Ukraine to solve the mutual liberalization of tariffs.
The European Commission said, “EC completes the work on the proposal to be submitted to Ukraine soon. This process aims to ensure economic stability and predictability for farmers and enterprises in both Ukraine and the EU and contributes to a smooth transition when the validity of autonomic trade measures ends.”
February 24, President of the Hungarian Ministry of Agriculture Istvan Nadi announcedAgricultural ministers of Eastern European countries have returned to the European Commission with the appeal of limiting the importation of Ukraine’s agricultural products. He announced that the ministers called EC to cancel increasing quotas for Ukraine agricultural products. In their opinion, they need to go back to February 2022. The heads of the department proposed to force companies from Ukraine to comply with the standards of the European Union market.
19 June 2024 European Commission Entered Tariff quotas on Ukrainian cereal. Measures will begin on June 5, 2025. After the beginning, the European Union became free trade with Ukraine. At the same time, the lack of tasks on Ukrainian goods has seriously hit one of the European industries. We talk about the agricultural sector.
Early in Ukraine ReportedThey import more goods than what they sell.
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Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.