European Parliament MEPs Approve Trade Support Measures For Ukraine With Protection For EU Farmers
Government
With 428 votes in favor, 131 against and 44 abstentions, MEPs backed extending the suspension of import duties and quotas on Ukrainian agricultural products for another year, until 5 June 2025, to support the country amidst Russia’s continuing brutal war of aggression.
Under the new regulation, the Commission can take swift action and impose any measures it deems necessary should there be significant disruption to the EU market or the markets of one or more EU member states due to Ukrainian imports (e.g., wheat).
As part of reinforced safeguard measures to protect EU farmers, the Commission can trigger an emergency brake for particularly sensitive agricultural products, namely poultry, eggs, sugar, oats, groats, maize, and honey. If imports of these products surpass the average of import volumes recorded in the second half of 2021, and all of 2022 and 2023, tariffs can be re-imposed.
As part of the agreement on these new rules, the Commission pledged to launch talks with Ukraine on permanent trade liberalisation soon, and keep the Parliament closely engaged in the process.
Next steps
Council will now have to formally approve the regulation. The current trade measures expire on 5 June 2024, and the new regulation should enter into force immediately following this date