Ukraine: EU Council approves renewal of Autonomous Trade Measure

The Council of the European Union has today given its final approval to the renewal of EU’s autonomous trade measures for Ukraine and Moldova.

From the Council’s press statement:

The EU’s autonomous trade measures for Ukraine will apply from 6 June 2024 until 5 June 2025 and concern the continued suspension of all outstanding customs duties and quotas under Title IV of the EU-Ukraine Association Agreement (DCFTA).

The Regulation will also include two safeguard mechanisms to protect the EU market:

·a strengthened version of the existing safeguard mechanism, which will apply on the basis of regular monitoring, allowing the Commission to impose any measure provided that specific conditions are met;

·a new, automatic safeguard mechanism which will oblige the Commission to reintroduce quotas if imports of certian products, including honey exceed the arithmetic mean of quantities imported in the second half of 2021, in 2022 and in 2023.

The text for the renewal of the ATM ultimately does not include oilseeds (sunflower seeds etc) or any other products of concern to FRUCOM members.

More information: https://www.consilium.europa.eu/en/press/press-releases/2024/05/13/ukraine-and-moldova-council-approves-the-renewal-of-eu-s-autonomous-trade-measures/

Contact: Lebo Mofolo, lmofolo@frucom.eu