The European Union has decided to temporarily restore quotas on imports of certain agricultural products from Ukraine, Bloomberg reports.
The restrictions, which were lifted in 2022 amid a full-scale war unleashed by Russia, will come into force again on June 6, 2025. The quotas are a temporary measure, and the EU is working on revising the Deep and Comprehensive Free Trade Area with Ukraine.
The restoration of the quotas, which will be in effect until the end of 2025, means that Ukraine will be able to export only 7/12 of the annual volume of the specified products. No EU member state voted against the decision, but eight countries, including Germany, Sweden, the Czech Republic, Denmark and Lithuania, abstained.
The European Commission adopted on 22 May a list of transitional measures for Ukrainian exports to the EU, which will enter into force on 6 June 2025, after the expiry of the autonomous trade arrangements for Ukraine, known as the “visa-free trade regime”.
The European Commission does not plan to extend the autonomous trade arrangements for Ukraine (the so-called “visa-free trade regime”), which are in force until 5 June, but will ensure a smooth transition to the new scheme, where all the terms of trade liberalisation will be enshrined in a free trade agreement between Ukraine and the EU.
