| Author (Corporate) | Council of the European Union, European Parliament |
|---|---|
| Series Title | Official Journal of the European Union |
| Series Details | L 195, Pages 6-12 |
| Publication Date | 22/07/2022 |
| Content Type | Legislation, News, Policy-making |
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Summary: Regulation (EU) 2022/1279 - formally adopted by the co-legislators on 18 July 2022 - concerning temporary trade-liberalisation measures supplementing trade concessions applicable to Ukrainian products under the Association Agreement signed by the European Union (EU) and the Moldova. Further information: The EU-Moldova Association Agreement was signed in 2014 and entered fully into force in 2016. Russia's invasion of Ukraine in February 2022 greatly affected Moldova's ability to trade with the rest of the world, as the country relied on transit via the Ukrainian territory and on Ukrainian infrastructure. Moldova asked the EU to facilitate as much as possible the conditions to enable the country to redirect to the EU some of its trade with the rest of the world, in order to further deepen its trade relations with the EU and support its economy. This draft law introduces temporary trade-liberalisation measures in the form of additional tariff-free quotas on some agricultural products still subject to tariff-rate quotas which shall apply for a period of one year. The proposed Regulation was adopted by the European Commission on 9 June 2022. It was endorsed by the European Parliament on 5 July, followed by the Council of the European Union on 18 July. The Act was formally signed by the co-legislators on that same day and published in the Official Journal on 22 July 2022. |
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| Source Link | Link to Main Source http://data.europa.eu/eli/reg/2022/1279/oj |
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| Subject Categories | Trade |
| Subject Tags | Bilateral Relations, Export | Import Markets, External Trade | Trade Agreements, Wars | Conflicts |
| Keywords | Association Agreement, War in Ukraine (2022-) |
| Countries / Regions | Moldova |
| International Organisations | European Union [EU] |
