This autumn, the European Council is expected to adopt an updated free trade agreement between Ukraine and the EU. This was announced by Deputy Prime Minister for European and Euro-Atlantic Integration Taras Kachka. The planned changes involve a significant expansion of quotas for the export of several sensitive types of Ukrainian agricultural products to the European Union.
This is reported by Finway
Changes in Quotas and New Opportunities for Exporters
As noted by Taras Kachka, the issue of updating trade rules will be discussed at the EU Council meeting in September. The proposals prepared by the European Commission at the end of June remain unchanged. According to them, out of 40 export quotas for Ukrainian products, five will be fully liberalized — this includes mushrooms, fermented milk products, and food additives. In four other quotas, liberalization will affect specific product positions, such as grape juice, while four quotas will change their structure.
Significant Increase in Volumes and Support for Exports
The most significant changes pertain to products such as honey, with the quota increasing by 483.3% from 2021 to 35,000 tons. The quota for sugar will increase by 400% to 100,000 tons, for corn by 53% (to 1 million tons), for poultry meat by 33.3% (to 120,000 tons), for wheat by 30% (to 1.3 million tons), for ethanol by 25% (to 125,000 tons), and for barley by 22.2% (to 450,000 tons).
“In six quotas where the volume is below the 2024 level (skimmed milk, eggs, honey, wheat, barley, and corn), the trading conditions allow for the maintenance of export volumes.”
Thanks to the revision of quotas, even in those categories where their size is lower than the current 2024 level, favorable conditions for Ukrainian exporters to further enter the European market are preserved.