Deputy Minister of Economy of Ukraine Taras Duck He threatened, that if, after 5 June 2025, the EU imposes restrictions on trade in agricultural produce from that country, the Kiev Government will take steps "to level the balance of trade". It is about possible sanctions on Poland, Slovakia and Hungary.
Ukraine threatens Poland with economical sanctions. The DCFTA, or the Deep and Comprehensive Free Trade Agreement between Ukraine and the European Union, was signed as part of the Association Agreement in 2014, and its provisional application began on 1 January 2016. Article 29 of the Agreement allows the EU to apply tariff quotas and to reconstruct customs duties on agricultural products if their excessive inflow from Ukraine causes serious disturbances on the Union market.
After the start of the war in Ukraine in 2022, the EU suspended DCFTA and customs duties on Ukrainian products, thanks to which the Union marketplace was flooded with millions of tonnes of mediocre quality productions, mainly cereals that do not meet the stringent standards. Brussels is presently planning to reconstruct the old rules in trade with this paradise, but - understandable- Ukrainians don't want to go back to that deal.
– Ukraine presently leads Trade negotiations with the EU, seeking a solution for a possible return from 5 June 2025 erstwhile the 3rd year ends autonomous commercial measures (ATM)), to standards Article 29 DCFTA said Taras Duck during the Facebook interview of the Ukrainian economical strategy Centre. In his opinion Ducks, old terms ‘was discriminatory for UkraineIt’s okay. ”
– As reported, Ukrainian farmers are afraid about the anticipation of returning after 5 June 2025 to the current EU trade standards set out in Article 29 of the DCFTA, which establish very low export quotas for certain types of agricultural products. Similarly, an export quota of 100 000 tonnes of bioethanol may be reinstated – said adding that Ukraine is ready to fight for its interests. At any point he began to fear that if the European Union does not quit its trade restrictions with Ukraine, it could anticipate retaliation.
"The deficiency of advancement in the revision of the trade agreement will force us to take steps to level the balance of trade. And unfortunately, these decisions will be the least enjoyable for countries that are presently politically slowing down free trade negotiations - He did. He meant to impose duties on products from Poland, Slovakia and Hungary, as these countries, in his opinion, block the extension of the ATM agreement.
Duck's words met with a sharp reaction in Poland. Jacek Zarzecki, Vice-President of the Polish Sustainable Platform Volovina, commented on the message of the Ukrainian minister, stressing that his approach is at least "interesty", given that the European Union is the largest recipient of food products from Ukraine.
– This is rather an interesting approach erstwhile the EU is the largest consumer of Ukrainian agri-food products worth €11.83 billion with a surplus of €8.37 billion. Mr. Minister has one more time confused courage with courage“ He commented.
Autonomous Commercial Measures (ATM) entered into force on 4 June 2022 for a period of 1 year. They temporarily abolished customs duties and another trade restrictions on Ukrainian goods. Then they were extended twice – June 6, 2023 and June 6, 2024. The EU Regulation on duty-free trade with Ukraine expires in June 2025, but the European Commission has inactive not officially decided what to do next.
Polish farmers fear a negative scenario, i.e. further, full access of Ukrainian products on the Union market. They request that the old rules of 2016.
OUR COMMENTS: The insolence of Ukrainians - as you can see - knows no bounds. This country is not worth helping due to the fact that they will cut off their hand by giving the Turks a finger.
View picture: Terrace Duck.
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