European Parliament extends suspension of imports from Ukraine

The European Parliament Tuesday gave its green light to suspending EU import duties on Ukrainian exports of agricultural products for another year to support the country’s economy.

The EU parliament by 537 votes, with 42 against and 38 abstentions, a proposal to renew the suspension of import duties, anti-dumping duties and safeguards on Ukrainian exports to the European Union for another year due to Russia’s war against Ukraine.

The suspension of tariffs applies to fruits and vegetables subject to the entry price system, as well as agricultural products and processed agricultural products subject to tariff-rate quotas.

Industrial products are subject to zero duties since 1 January 2023 under the EU-Ukraine Association Agreement, so they are not included in the new proposal.

Source: Kuwait News Agency