EU prepares additional duty-free quotas for Ukrainian grain
The system for calculating additional duty-free grain exports from Ukraine was promulgated in the EU, as indicated by the Deputy Minister of Economic Development and Trade of Ukraine and Trade representative of Ukraine, Nataliya Mykolska, on her Facebook page.
"The European Commission has published a procedure for administering additional tariff quotas for Ukrainian cereals," she wrote.
According to her, the opening of duty-free quotas for cereals required the adoption of separate regulations by the European Commission.
"And now this document, which defines the procedure for administering additional quotas for Ukrainian grains, has been published," Mykolska informed.
She indicated that additional duty-free quotas for cereals will be available as of January 1, 2018 and will last for three years.
On September 13th the decision to grant Ukraine additional trade preferences was approved by the European Parliament.
The EU Regulation on Autonomous Trade Preferences will increase the volume of agricultural products that Ukraine can export to the EU in connection with the Association Agreement, without paying customs fees.
The regulation provides additional zero tariff quotas for Ukrainian honey of 2,500 tons, corn and flour 625,000 tons, barley and flour 325,000, and wheat and flour 65,000 tons.
In addition, a 7,800 ton quota for barley was added as well as 4,000 for oats, 3,000 for processed tomatoes, and 500 tons for grape juice.