Economy of Ukraine

EU Extends Suspension of Duties and Quotas for Ukrainian Imports

The European Commission has decided to extend the suspension of customs duties and quotas for Ukrainian imports into the EU for another year, following approval from the Council of the EU and the European Parliament. This extension comes after the measures were introduced in 2022 as part of the EU's support for Ukraine's economy by granting it access to the EU's single market.

EU lawmakers back Ukraine food import extension, with curbs

The European Parliament voted on Tuesday to back a year-long extension to tariff-free trade for Ukrainian farm produce, while introducing new curbs on the level of imports to assuage protesting EU farmers.

The parliament voted by 428 votes to 131 with 44 abstentions in favour of the extension, which will now apply from June 6 after clearing this final procedural hurdle.

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