EU raises import quotas for Ukrainian wheat and sugar, EU official says
The EU raised its Ukrainian wheat import quota to 1.3 million t from 1 million t under a revised trade deal. Sugar quotas rose to 100,000 t (from 20,000 t), barley to 450,000 t (from 350,000 t), and poultry to 120,000 t (from 90,000 t). The agreement covers 40 goods.
BRUSSELS (Reuters) -The European Union has increased its import quota for Ukrainian wheat to 1.3 million metric tons from 1 million tons as part of a revised free-trade agreement, a senior EU official said on Friday.
The EU and Ukraine reached an initial trade deal at the end of June. The EU had temporarily waived duties and quotas on Ukraine’s agricultural products in June 2022 after Russia’s full-scale invasion and resulting threat to its traditional Black Sea shipping lanes.
The revised agreement includes 40 goods and still needs to be adopted by a qualified majority of member states.
As part of the deal, the EU also increased its import quota for Ukrainian sugar to 100,000 tons from 20,000 tons and its barley import quota to 450,000 tons from 350,000 tons.
The import quota on poultry was also increased to 120,000 tons from 90,000 tons.
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Source : Yahoo
