The European Union and Ukraine have finalized a trade agreement focusing on agricultural products. This pact sets new limits on the duty-free importation of items such as wheat, poultry, and honey, replacing a temporary arrangement that had been in place.
The agreement emerges as a strategic move to support Ukraine amidst its ongoing conflict with Russia, while also addressing concerns from EU farmers over competitive pricing. Although certain import quotas will rise, they remain below previous years' levels.
Additionally, Ukraine has committed to removing several tariffs on EU products and will align its agricultural standards with the EU by 2028. EU officials describe the agreement as balanced and reflective of mutual interests, sending a strong political message of support to Ukraine while safeguarding the interests of EU member states and farmers.
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