EU/WTO REGULATORY ROUND UP – UKRAINE FOOD EXPORTS MAINTAIN EU MARKET ACCESS, BUT CONTROLS HELD IN RESERVE
May 21st, 2024
As Russia continues its invasion of Ukraine, the European Parliament has approved extending temporary trade access to the European Union (EU) for Ukraine food and drink exports. However, conscious of EU concerns about competition from these supplies, a new regulation allows the EU executive European Commission to impose controls when Ukraine exports disrupt markets of one or more EU member states. Indeed, the Commission can trigger an emergency brake for imports of sensitive food products, namely poultry, eggs, sugar, oats, groats, maize and honey. And if imports ...
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