The European Union has announced the reintroduction of tariff quotas on imports of eggs and sugar from Ukraine, effective July 2, 2024. This decision comes after import volumes of these agricultural products from Ukraine exceeded the agreed quota limits under the Deep and Comprehensive Free Trade Area (DCFTA) between the EU and Ukraine.
[1][2][3][4][5] The EU cited the need to protect its domestic markets as the reason for reinstating the tariffs, which will apply to any imports beyond the established quotas.[1][2][4][5] This move underscores the EU's efforts to maintain a balanced trade relationship with Ukraine amid the ongoing economic challenges faced by the country.[1][2][3][4][5]
Citations:
[1] https://www.eurointegration.com.ua/eng/news/2024/07/2/7189325/
[2] https://biz.liga.net/en/all/prodovolstvie/novosti/eu-reinstates-tariffs-on-eggs-and-sugar-from-ukraine-due-to-quota-exceedance
[3] https://www.efanews.eu/item/42060-eggs-and-sugar-eu-reinstates-tariffs-on-ukraine.html
[4] https://www.thepoultrysite.com/news/2024/06/eu-to-reimpose-tariffs-on-ukrainian-eggs-and-sugar
[5] https://agenceurope.eu/en/bulletin/article/13443/1