We have received the news from Orgalim regarding the European Union introducing trade-liberalising measures to support Ukraine. Please see the Orgalim’s text below:
“On 27/04, the European Commission proposed the Regulation “on temporary trade liberalisation supplementing trade concessions applicable to Ukrainian products under the Association Agreement between the European Union and the European Atomic Energy Community and their Member States, of the one part, and Ukraine, of the other part”.
The Regulation introduces trade-liberalising measures which should apply for one year.
The measures are:
- Temporary suspension of all pending tariffs under Title IV of the Association Agreement between the EU and Ukraine establishing a Deep and Comprehensive Free Trade Area (DCFTA). This also covers industrial products subject to the phasing out of duties by the end of 2022;
- Temporary non-collection of anti-dumping duties on imports originating in Ukraine as of the date of entry into force of this Regulation;
- Temporary suspension of the application of the common rules for imports (safeguard) with respect to imports originating in Ukraine.
The proposal will now have to be discussed by Member States in the Council and the European Parliament.”