EU Imposes Tariffs on Ukrainian Egg and Oat Imports

The European Commission has announced that tariffs on Ukrainian egg and oat imports will be introduced soon, following the exceeding of agreed annual import thresholds. This move comes after farmer protests in the EU against cheap Ukrainian imports, which are seen as unfair competition.


Reuters | Brussels | Updated: 19-06-2024 19:11 IST | Created: 19-06-2024 19:11 IST
EU Imposes Tariffs on Ukrainian Egg and Oat Imports
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  • Belgium

The European Commission will introduce tariffs on Ukrainian egg imports within the next two weeks after a previously agreed annual threshold level for those imports has been reached, a spokesperson said on Wednesday.

The Commission took the same decision on Tuesday regarding oat imports from Ukraine.

Following Russia's invasion in 2022, the country has benefited from a special mechanism put in place to boost trade flows with the EU, it's most important export market. The EU, however, set maximum import volumes after farmer protest across the bloc smashed cheap Ukrainian imports as unfair competition.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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