Business

The EU adopted a transitional trade regime with Ukraine starting June 6

The EU adopted a transitional trade regime with Ukraine starting June 6
Article top vertical

The European Commission has adopted a list of transitional trade measures with Ukraine that will come into force on June 6.

This was reported by Ukraine’s Minister of Agrarian Policy and Food, Vitaliy Koval, on Telegram following negotiations between the EU and Ukraine. Ukraine was represented by Vice Prime Minister for European and Euro-Atlantic Integration Olga Stefanishyna, Deputy Minister of Economy and Trade Representative Taras Kachka, and Ukraine’s Ambassador to the European Union, Vsevolod Chentsov.

According to Koval, the main topic of the talks was the future of trade between Ukraine and the EU after the current autonomous trade measures (ATMs) expire on June 5.

“The European Commission has already adopted a list of transitional measures that will come into effect on June 6. This is an interim solution aimed at avoiding the worst-case scenario and preserving access for Ukrainian agricultural exports to the European market. It provides time and space to find a stable long-term solution within the framework of the Association Agreement and Free Trade Area,” Koval wrote.

He also noted that the dialogue with European partners is constructive: both sides agreed to work quickly, purposefully, and in coordination.

“There is political will on both sides to find a balanced solution by the end of July. Our goal is to avoid uncertainty, provide our farmers with clear rules, and ensure permanent access for Ukrainian products to the EU market,” he concluded.

Share this article

Facebook Twitter LinkendIn