The European Union and Ukraine are negotiating a new agreement on agricultural import quotas, aiming to find a balance between pre-war trade limits and the temporary exemptions granted after 2022.
The European Union and Ukraine are in talks to establish new import quotas for Ukrainian agricultural products, aiming for a level between the previous trade limits and the temporary exemptions introduced in 2022, EU Agriculture Commissioner Christophe Hansen told Reuters.
In 2022, the EU suspended duties and quotas on Ukrainian agricultural goods to support Ukraine’s export capacity amid disrupted Black Sea trade routes. That temporary measure expired on Thursday.
Starting Friday, both sides returned to the pre-war trade arrangement under the Deep and Comprehensive Free Trade Area (DCFTA), as negotiations on a longer-term framework continue.
“What will be negotiated will be something in between the quotas under the existing DCFTA and the autonomous trade measures - the volumes that have been exported there,” Hansen said.
The autonomous trade measures had lifted restrictions on Ukrainian imports as a form of support.
Ukrainian Agriculture Minister Vitaliy Koval said this week that Kyiv hopes to secure quotas higher than those set before 2022.
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Two spectators were killed and another seriously injured on Saturday when a rally car veered off the road during a race near Ambert in France’s Puy-de-Dome region, local authorities said.
China announced on Saturday its intention to establish a global organisation aimed at fostering international cooperation on artificial intelligence (AI), positioning itself as a counterbalance to the United States in the global AI race.
Beijing has issued a geological disaster alert for most of the city after intense rainfall triggered fears of landslides and flash floods. Nearby Baoding saw more than a year's worth of rain fall in just eight hours, displacing thousands and breaking historical records.
Australia has signed a long-term defence treaty with Britain to deepen cooperation on the AUKUS nuclear submarine initiative over the next 50 years, the government announced on Saturday.
Pakistani FM Ishaq Dar said that Pakistan and the United States are 'very close' to finalising a trade agreement, suggesting the deal could be reached within days. However, U.S. officials made no mention of a specific timeline following Dar’s meeting with Secretary of State Marco Rubio.
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