Edition: International | Greek
MENU

Home » Europe

The EU triggers emergency brake on oats imports from Ukraine

The cereal is the first agricultural product that will no longer be exempted from duties as of Wednesday

By: EBR - Posted: Wednesday, June 19, 2024

“For oats, this average is 2.440,56 tonnes,” the European Commission said in a press release on Tuesday (18 June). Imports since the beginning of 2024 “are above this volume,” the bloc’s executive added, announcing the reintroduction of the tariff quota from the 2016 free trade agreement with Ukraine.
“For oats, this average is 2.440,56 tonnes,” the European Commission said in a press release on Tuesday (18 June). Imports since the beginning of 2024 “are above this volume,” the bloc’s executive added, announcing the reintroduction of the tariff quota from the 2016 free trade agreement with Ukraine.

by Angelo Di Mambro

The cereal is the first agricultural product that will no longer be exempted from duties as of Wednesday (19 June), because it exceeds the cap fixed in the latest regulation on temporary trade benefits for Ukraine.

Oats is one of the sensitive products covered by the autonomous trade measures for Ukraine, aimed to help Kyiv’s economy, entered into force on 6 June.

After months of protests by farmers, especially in the countries bordering Ukraine, EU lawmakers began gruelling negotiations on the regulation.

The final agreement reflected the tensions in the European Parliament and the EU Council and included a clause for the automatic reintroduction of duties and tariffs if the imports of “sensitive products” – poultry, eggs, sugar, oats, maize, cereals, and honey – rise above the average of a reference period from the second half of 2021 to 2023.

“For oats, this average is 2.440,56 tonnes,” the European Commission said in a press release on Tuesday (18 June). Imports since the beginning of 2024 “are above this volume,” the bloc’s executive added, announcing the reintroduction of the tariff quota from the 2016 free trade agreement with Ukraine.

At the end of May, Ukrainian producers warned that also sugar was close to the limits, and called on Kyiv to close the border for the exports of sugar to the EU till the end of 2024.

According to the European Commission, Ukraine also exports oats to the EU but also to many third countries, mainly in Asia and North Africa.

From January to May 2024, Ukraine’s grain exports via Romania’s Black Sea port of Constanta, fell by 44% on the year to 3.5 million metric tons, the port authority told Reuters on Tuesday, with Kyiv increasingly relying on its own ports.

*first published in: Euractiv.com

READ ALSO

EU Actually

Border controls are the new normal in the Schengen area

N. Peter KramerBy: N. Peter Kramer

Prime Minister, Michel Barnier, announced that France will control all its borders for illegal immigration from November 1

View 04/2021 2021 Digital edition

Magazine

Current Issue

04/2021 2021

View past issues
Subscribe
Advertise
Digital edition

Europe

With Trump Elected, Quo Vadis Europe?

With Trump Elected, Quo Vadis Europe?

The just concluded U.S. presidential election was at least the most important election for Europe and the world this century

Business

Value-based trade policies are on the rise- Here’s what businesses need to know

Value-based trade policies are on the rise- Here’s what businesses need to know

Trade policy is no longer just there to promote efficiency and productivity in the flow of goods and services

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2024. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron