Three years of reporting, funded by our readers — become a member now and help us prepare for 2025.
Goal: 1,000 new members for our birthday. Gift a membership to your friend and help us prepare for what 2025 might bring.
Become a member Gift membership
Skip to content
Edit post

EU 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

The EU 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
Three years of reporting, funded by our readers.
Millions read the Kyiv Independent, but only one in 10,000 readers makes a financial contribution. Thanks to our community we've been able to keep our reporting free and accessible to everyone. For our third birthday, we're looking for 1,000 new members to help fund our mission and to help us prepare for what 2025 might bring.
Three years. Millions of readers. All thanks to 12,000 supporters.
It’s thanks to readers like you that we can celebrate another birthday this November. We’re looking for another 1,000 members to help fund our mission, keep our journalism accessible for all, and prepare for whatever 2025 might bring. Consider gifting a membership today or help us spread the word.
Help us get 1,000 new members!
Become a member Gift membership
visa masterCard americanExpress

News Feed

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