The profile committee of the European Parliament supported the new terms of preferential trade with Ukraine

The Committee on International Trade of the European Parliament at its meeting on April 9 approved a one-year extension of the agreement on duty-free food trade with Ukraine with additional restrictions.

Taking into account safety measures for agricultural products, the extension of Ukraine's preferential trade regime with the EU was voted for by 26 members of the European Parliament's relevant committee, while 8 voted against.

The agreement provides that the suspension of import duties and quotas on Ukrainian export to the EU will be extended until June 5, 2025.

The European Parliament must finally approve the agreement at its plenary session on April 24 – the last one for this term. Then the EU Council must give formal consent. The agreement will enter into force on June 6, 2024 for a period of one year.

More details: http://surl.li/slgaz

 

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