EU Ends Visa-Free Trade with Ukraine from June
- BRUSSELS (AP) — The European Union is not expected to immediately extend current trade liberalization measures for Ukraine beyond their expiration date of June 5, 2025, according to...
- The official, speaking on condition of anonymity, indicated that trade conditions between Ukraine and the EU will revert to pre-war arrangements after June 5.
- However, the EU and ukraine are expected to propose modifications to the trade relationship that would be favorable to Ukraine.
EU Trade Preferences for Ukraine to Shift After june 5
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BRUSSELS (AP) — The European Union is not expected to immediately extend current trade liberalization measures for Ukraine beyond their expiration date of June 5, 2025, according to a European official familiar wiht the negotiations.
Return to Pre-War Trade Conditions
The official, speaking on condition of anonymity, indicated that trade conditions between Ukraine and the EU will revert to pre-war arrangements after June 5. The current measures, known as Autonomous Trade measures (ATM), effectively serve as a “trade visa” for Ukraine.
However, the EU and ukraine are expected to propose modifications to the trade relationship that would be favorable to Ukraine.
End of Current Preferences
“Starting from June 6, autonomous trade measures – trade preferences for Ukraine, introduced by the EU after the start of full-scale aggression by Russia will end,” the official saeid. “Both trade preferences and restrictive measures will end against a number of commodity items, such as chicken, eggs, honey and so on.”
Potential Exceptions
Discussions are underway to potentially maintain trade preferences for specific Ukrainian exports to the EU, such as steel.
Future Negotiations
The EU intends to continue discussions on amending Article 29 of the Association Agreement between ukraine and the EU.The goal is to develop trade conditions that are mutually beneficial and support Ukraine’s war-impacted economy, the official stated.
background
In March, Polish Agriculture Minister Cheslav Sesersky said the European Commission had not yet provided proposals to the EU Council regarding the extension of “trade visa-free” status with ukraine.
On May 13, 2024, the EU Council approved the extension of preferential trade with Ukraine until June 5, 2025, following lengthy negotiations.
Preliminary agreements suggest that duty-free trade conditions could be integrated into the Association Agreement between Ukraine and the EU.
In February, Ukraine’s First Deputy Prime Minister Julia Sviridenko stated that completing consultations on trade liberalization with the EU, in accordance with Art.29 of the Association Agreements, was a primary task for Ukraine in 2025.
Also in February, the agriculture ministers of Hungary, Bulgaria, Romania, and slovakia called for the reintroduction of pre-war quotas on agricultural imports from Ukraine.
This article provides a extensive overview of the evolving trade relationship between the european union and Ukraine, based on the provided material. It answers key questions about the changes taking place and their implications.
What’s Changing with EU-Ukraine Trade After June 5, 2025?
According to a European official, the EU will not immediately extend current trade liberalization measures for Ukraine beyond June 5, 2025. These measures are known as Autonomous Trade measures (ATM). They effectively serve as a “trade visa” for Ukraine. After this date, trade conditions will revert to pre-war arrangements.
What are Autonomous Trade Measures (ATM)?
The provided text describes Autonomous Trade measures (ATM) as “trade preferences for ukraine, introduced by the EU after the start of full-scale aggression by Russia.” They temporarily opened up trade between the EU and Ukraine, offering certain benefits.
What Does the End of ATM Mean for Trade?
Starting June 6th, 2025, the ATM will end. This impacts both trade preferences and restrictive measures. This change affects commodities such as chicken,eggs,and honey