EU takes steps to suspend all duties on imports from Ukraine
The European Commission has proposed to suspend import duties on all Ukrainian exports to the European Union for one year. The proposal, which is an unprecedented gesture of support for a country at war, would also see the suspension for one year of all EU anti-dumping and safeguard measures in place on Ukrainian steel exports.
This far-reaching step is designed to help boost Ukraine’s exports to the EU. It will help alleviate the difficult situation for Ukrainian producers and exporters in the face of Russia’s military invasion.
The proposal now needs to be considered and agreed upon by the European Parliament and the Council of the European Union.