Brussels-Saba:
The European Union has revoked trade privileges for Ukraine, ending the tariff-free regime granted to the country since 2022.
According to the European Commission, the transitional arrangements entered into force at midnight Thursday and will remain in place until a new trade agreement is negotiated.
This change means that from this time, Ukrainian goods will again be subject to tariff quotas under a previous agreement dating back to 2016.
The European Union removed tariffs on Ukrainian imports in June 2022 in an effort to support the country's economy. The measures were extended last year, but included stricter restrictions on some agricultural imports such as grain, corn, eggs, and poultry.
The exemptions sparked protests from farmers in several EU member states, particularly in Eastern Europe, who argued that cheap Ukrainian imports were undermining local markets. There were also calls in France for stricter customs rules.
The European Union has revoked trade privileges for Ukraine, ending the tariff-free regime granted to the country since 2022.
According to the European Commission, the transitional arrangements entered into force at midnight Thursday and will remain in place until a new trade agreement is negotiated.
This change means that from this time, Ukrainian goods will again be subject to tariff quotas under a previous agreement dating back to 2016.
The European Union removed tariffs on Ukrainian imports in June 2022 in an effort to support the country's economy. The measures were extended last year, but included stricter restrictions on some agricultural imports such as grain, corn, eggs, and poultry.
The exemptions sparked protests from farmers in several EU member states, particularly in Eastern Europe, who argued that cheap Ukrainian imports were undermining local markets. There were also calls in France for stricter customs rules.