Parliament approves renewal of trade support for Ukraine and Moldova
Process in Brief
MEPs approved the Commission proposal to renew the temporary suspension of import duties and quotas on Ukrainian agricultural exports from 6 June 2024 to 5 June 2025 and separately agreed to suspend all duties on imports from Moldova for another year, with votes taken on Thursday.
What Is at Stake
The measures are intended to support Ukraine amid Russia’s war of aggression by allowing continued agricultural exports to the EU while giving the Commission powers to impose measures if Ukrainian imports cause significant market disruptions and an emergency brake for poultry, eggs and sugar; the measures are conditional on Ukraine respecting democratic principles, human rights, the rule of law and sustained efforts to fight corruption and organised crime.
Timeline
Parliament is expected to vote on its first-reading position during next week’s plenary, after which the Council would formally approve the regulation and it would enter into force upon publication in the EU Official Journal.
Sources
Official Documents
- Press release - First go-ahead to renewing trade support for Ukraine and Moldova MEPs approved extending the suspension of import duties and quotas on Ukrainian and Moldovan agricultural exports for one year, with safeguards and an emergency brake, from 6 June 2024 to 5 June 2025.
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