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Gulf Press > World > EU imposes tariffs on Ukraine’s oat and eggs, with sugar next on the list
World

EU imposes tariffs on Ukraine’s oat and eggs, with sugar next on the list

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Last updated: 2024/06/19 at 1:48 PM
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The European Union (EU) is expected to reduce imports of key food commodities from Ukraine due to the recent implementation of a controversial preferential trade scheme. Imports of eggs from Ukraine have reached concerning levels, leading the EU to impose restrictions within the next two weeks. In addition to eggs, sugar imports are also under scrutiny by the EU executive. The new trade scheme includes an emergency safeguard mechanism to protect sensitive domestic sectors like eggs, poultry, sugar, oats, maize, hulled grains, and honey from increased imports following the suspension of tariffs and quotas on Ukraine’s agricultural exports post-Russia’s invasion in 2022.

The EU’s decision to restrict imports of key food commodities from Ukraine, such as eggs and sugar, comes following the recent implementation of a new preferential trade scheme. This scheme was requested and obtained by France and Poland in response to Russia’s full-scale invasion of Ukraine in 2022. As a result, the EU has imposed restrictions on oat imports from Ukraine until 5 June 2025, with similar measures for other commodities likely to follow. The temporary suspension of tariffs and quotas on Ukraine’s agricultural exports has led to an increase in imports, prompting the EU to implement the emergency safeguard mechanism to protect sensitive domestic sectors.

The Commission is closely monitoring sugar imports from Ukraine, as they are already nearing the emergency threshold set by the new trade scheme. If the trigger level for sugar imports is reached, tariffs will be reactivated within two weeks. The EU’s association representing European sugar users from the food and drink sector (CIUS) has expressed concerns about the potential impact of restrictions on the import volume of sugar, a key commodity for processing their products. Ukraine has recently set an export record for sugar, attributing it to the diversification of sugar beet production as a viable option for the country’s grain producers. With Ukraine exporting 65% of its sugar to the EU, any restrictions on sugar imports could have significant implications for both Ukraine and the EU.

The issue of restricting imports of key food commodities from Ukraine is a complex one, with implications for both the EU and Ukraine. The EU’s decision to impose restrictions on egg and sugar imports from Ukraine is a response to the recent increase in imports following the suspension of tariffs and quotas on Ukraine’s agricultural exports. While the emergency safeguard mechanism is intended to protect sensitive domestic sectors, such as eggs and sugar, it is also important to balance the needs of European sugar users in the food and drink sector. As Ukraine continues to diversify its agricultural production, the EU must carefully monitor and manage imports to ensure a fair and sustainable trade relationship between the two parties.

In conclusion, the EU’s decision to impose restrictions on the import of key food commodities from Ukraine, including eggs and sugar, is a necessary measure to protect sensitive domestic sectors from an influx of imports following the suspension of tariffs and quotas. The implementation of the emergency safeguard mechanism is intended to strike a balance between supporting Ukrainian agricultural exports and safeguarding European industries. As the EU continues to monitor imports of sugar and other commodities from Ukraine, it is essential to consider the potential impact on both countries and work towards a mutually beneficial trade relationship.

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News Room June 19, 2024
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