| Author (Corporate) | European Commission: DG Trade |
|---|---|
| Series Title | Official Journal of the European Union |
| Series Details | L 114I, Pages 1-4 |
| Publication Date | 02/05/2023 |
| Content Type | Blog & Commentary, Legislation, News, Policy-making |
Summary:Implementing Regulation (EU) 2023/903 - adopted by the European Commission on 2 May 2023 - introducing preventive measures concerning certain products originating in Ukraine. Further information:Following the launch of Russia's invasion of Ukraine in February 2022, the European Union (EU) adopted Regulation (EU) 2022/870 introducing trade liberalisation measures to support the Ukrainian economy. In particular, it provides for the suspension of all the tariff-rate quotas in the framework of the EU-Ukraine Association Agreement (AA). It also provides that the products covered by those quotas are to be admitted for importation into the EU from Ukraine without any customs duties. In order to avoid threats to global food security and to support the establishment of connectivity of Ukraine towards the EU, the European Commission also facilitated the set-up of alternative transport routes, the so-called EU-Ukraine Solidarity Lanes. Despite improvements achieved over the months, important logistical bottlenecks still persisted. Logistics costs remained high as a result of insufficient infrastructure in place to handle the surge in traffic at the borders between Ukraine and EU Member States. These dynamics led to a particular sharp increase in imports from Ukraine to the Member States close to Ukraine. These imports saturated the storage capacity and logistical chains in Bulgaria, Hungary, Poland, Romania and Slovakia. The circumstances affected the economic viability of local producers in those Member States. In this context, the European Commission deemed necessary to introduce exceptional and temporary preventive measures on imports of a limited number of products from Ukraine pursuant to Article 4(9) of Regulation (EU) 2022/870. The measures concern only four agricultural products – wheat, maize, rapeseed and sunflower seed – originating in Ukraine. From 2 May 2023 until 5 June 2023, these products can continue to be released for free circulation in all the EU Member States other than the five frontline Member States: Bulgaria, Hungary, Poland, Romania and Slovakia. These measures were adopted following the introduction of unilateral measures by some of the affected Member States as regards certain imports from Ukraine. The countries committed to lifting those measures in exchange for the solution adopted at an EU-level. The Implementing Regulation was adopted by the European Commission on 2 May 2023 and published on the same day in the Official Journal. |
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| Source Link | Link to Main Source http://data.europa.eu/eli/reg_impl/2023/903/oj |
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| Subject Categories | Business and Industry, Trade |
| Subject Tags | Agriculture, Export | Import Markets, External Trade | Trade Agreements, Wars | Conflicts |
| Keywords | War in Ukraine (2022-) |
| Countries / Regions | Bulgaria, Hungary, Poland, Romania, Slovakia, Ukraine |
| International Organisations | European Union [EU] |
