Skip to content
Edit post

European Council extends export tariffs suspension for Ukraine for another year

by Nate Ostiller and The Kyiv Independent news desk May 13, 2024 4:45 PM 1 min read
The flags of the European Union and Ukraine outside the EU Parliament building in Brussels, Belgium, on Feb. 24, 2023. Photo for illustrative purposes (Ksenia Kuleshova/Bloomberg via Getty Images)
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

The European Council agreed on May 13 to extend the suspension of export tariffs for Ukraine and Moldova for another year, the council's press service said.

The extension of the free-trade regime also included two new "safeguard mechanisms to protect the EU market."

The EU's trade liberalization policies toward Ukraine have caused tension in some member states and led to widespread protests in Poland, with smaller-scale demonstrations occurring in Romania and Hungary.

Polish Agriculture Minister Czeslaw Siekierski said in January that he was "fundamentally opposed" to prolonging the EU's free trade regime with Ukraine, calling instead for a "gradual, mutual liberalization."

The two new measures, which may serve to mitigate some of Poland's opposition to the free-trade regime, will allow for "regular monitoring" and the imposition of quotas if the level of exports of key agricultural and food products exceeds that of the previous three years.

The extension of the measures "reaffirms the EU’s unwavering political and economic support for Ukraine," the press release read.

Prime Minister Denys Shmyhal thanked the council for the decision and said it "brings Ukraine and Europe even closer together."

The extension will run from June 6, 2024, to June 5, 2025.

Subscribe to the Newsletter
Ukraine Business Roundup
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

10:37 AM

Blinken meets with Sandu in Moldova, announces $50 million in support.

U.S. Secretary of State Antony Blinken visited Moldova on May 29 to meet with President Maia Sandu and announce support worth $50 million to help Chisinau transition away from Russian energy dependence and further integrate with the EU, amid warnings of heightened hybrid threats from Russia.
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.