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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Here's your AnewZ Technology Daily Brief for the 13th of November. This week, a Microsoft outage hit Australian agencies, Google restricted mapping data in South Korea, a lawsuit targeted advanced AI development, and Nvidia faced a leadership crisis after Jensen Huang's resignation.
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