Key Points:
- Effective Date: June 6
- Duration: The updated autonomous trade measures (ATMs) will remain in place until June 5, 2025.
- Purpose: The agreement aims to facilitate trade between Ukraine and the EU by removing trade barriers.
Updated Regulatory Rules:
- Concerns Addressed: The new rules consider the concerns of European workers and include strengthened protective mechanisms.
- Emergency Termination: The possibility of urgent termination of ATMs is included if an emergency situation arises in the European market concerning specific goods.
- Goods Affected: The specified range of goods includes eggs, poultry, sugar, oats, corn, groats, and honey.
Background:
- Extension: The European Union previously extended the "visa-free trade" with Ukraine for another year.
This agreement aims to enhance economic cooperation between Ukraine and the EU, promoting increased trade and economic growth for both parties.
