Close Menu
The Politic ReviewThe Politic Review
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Trending

The 20 Wealthiest Cities In Wisconsin, From The Latest Census Data

May 23, 2025

High Court Temporarily Blocks Starmer’s U.S. Airbase Island Giveaway

May 23, 2025

Pro-Discrimination, Ivy League Judge Backs Harvard vs. Trump

May 23, 2025
Facebook X (Twitter) Instagram
  • Donald Trump
  • Kamala Harris
  • Elections 2024
  • Elon Musk
  • Israel War
  • Ukraine War
  • Policy
  • Immigration
Facebook X (Twitter) Instagram
The Politic ReviewThe Politic Review
Newsletter
Friday, May 23
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
The Politic ReviewThe Politic Review
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Home»Business»EU to roll back Ukraine trade perks
Business

EU to roll back Ukraine trade perks

Press RoomBy Press RoomMay 23, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram

Tariffs on agricultural imports will be reinstated after current waivers expire, as pressure mounts from Eastern European members

EU member states have approved the reimposition of import quotas on Ukrainian agricultural goods, European Commission spokesperson Balazs Ujvari has said, as cited by Euroactiv. The current duty-free trade regime is set to expire on June 5.

Brussels abolished tariffs and quotas on Ukrainian agricultural produce following the escalation of the Ukraine conflict in February 2022. The bloc adopted special regulations, known as Autonomous Trade Measures (ATMs), aimed at enabling grain and other farm products from Ukraine to reach global markets. However, the influx of cheap Ukrainian produce into Eastern European countries sparked widespread protests among local farmers, particularly in Poland.

The latest move, endorsed by a majority of EU nations at a meeting on Thursday morning, introduces a set of “transitional measures” that will phase out the ATMs and reimpose certain trade controls.

Some restrictions have already been reintroduced over the past year, targeting commodities such as oats, sugar, and eggs. The selective reinstatements came in response to months of protests in Poland, Hungary, Slovakia, and other countries neighboring Ukraine, where farmers said they could no longer compete with tariff-exempt goods.

READ MORE:
EU to slap tariffs on Ukrainian imports – FT

Politico previously reported, citing a draft act, that the EU was considering replacing ATMs with revised limits under Ukraine’s existing trade framework with the bloc, known as the Deep and Comprehensive Free Trade Area (DCFTA), rather than extending the measures on a yearly basis.

Commenting on the latest news, the chair of the Ukrainian Parliament’s economic affairs committee, Dmitry Natalukha, told Euractiv that halting the ATMs could cost Kiev more than €3 billion ($3.4 billion), which he said is equal to around 70% of the country’s projected total economic growth for the current year.

You can share this story on social media:

Follow RT on
RT

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

Related Articles

Business

Alleged Jewish Museum Shooter Charged With First Degree Murder

May 23, 2025
Business

Brendan Shanahan Gone As Toronto Maple Leafs President After 11 Years

May 23, 2025
Business

Rain Or Shine, Down Or Up, The Pacers Win Tight Games. Ask The Knicks

May 23, 2025
Business

Hints, Spangram And Answers For Friday, May 23rd

May 23, 2025
Business

Today’s ‘Wordle’ #1434 Hints, Clues And Answer For Friday, May 23rd

May 23, 2025
Business

Sydney McLaughlin-Levrone To Test Herself In Philly Meet

May 23, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

High Court Temporarily Blocks Starmer’s U.S. Airbase Island Giveaway

May 23, 2025

Pro-Discrimination, Ivy League Judge Backs Harvard vs. Trump

May 23, 2025

Report: Disney, ABC Executives Ask ‘The View’ Hosts to Tone Down Trump Bashing

May 23, 2025

Senate Judiciary leaders spar over US attorney nominees

May 23, 2025
Latest News

MEPs urge Brussels to cut all funding for Budapest

May 23, 2025

NEW: Comer Identifies Five Staffers Involved in Cover-Up of Biden’s Mental Decline and Autopen Scandal… Subpoenas Incoming

May 23, 2025

Alleged Jewish Museum Shooter Charged With First Degree Murder

May 23, 2025

Subscribe to News

Get the latest politics news and updates directly to your inbox.

The Politic Review is your one-stop website for the latest politics news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram Pinterest YouTube
Latest Articles

The 20 Wealthiest Cities In Wisconsin, From The Latest Census Data

May 23, 2025

High Court Temporarily Blocks Starmer’s U.S. Airbase Island Giveaway

May 23, 2025

Pro-Discrimination, Ivy League Judge Backs Harvard vs. Trump

May 23, 2025

Subscribe to Updates

Get the latest politics news and updates directly to your inbox.

© 2025 Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.