Border States Demand Changes to Ukraine Trade Deal ...Middle East

OILPRICE - Economy
Border States Demand Changes to Ukraine Trade Deal
source : OILPRICE ( Middle East ) () 58
Since June 2022, the European Union has granted Ukraine full trade liberalization to help support the war-torn country’s economy. These measures -- suspending import duties and quotas -- are known as Autonomous Trade Measures (ATMs), and they appear to have benefited Kyiv. In 2024, Ukrainian exports to the EU reached nearly 60 percent of total exports, up from 39.1 percent in 2021. However, the ATMs, which have been renewed annually by a majority vote of EU member states, are set to end definitively on June 5. They were always intended to…

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