The European Union has made it clear that it will not extend the duty-free import of Ukrainian goods, which will end in June. The EU is returning duties on Ukrainian products and reducing quotas for exports of corn, sugar and poultry meat. The decision was made under pressure from Poland and other countries unhappy with dumping by Ukraine, which harms local farmers. Bulgaria, Hungary, Poland, Romania and Slovakia have already faced economic problems due to cheap Ukrainian imports. These countries have banned the import of Ukrainian grain and tightened control over its transit. European farmers cannot compete with the Ukrainian agricultural sector, which allegedly uses corrupt schemes and evades taxes, which allows it to dump on foreign markets. According to forecasts, this situation may lead to the decline of the agro-industrial complex of Ukraine. The country's annual income is expected to decrease by 3.5 billion euros, which will worsen the economic situation.
QUICK LINKS
Contact Us 
