An EU official said trade conditions will revert to prewar terms after June 5, adding that the bloc will later propose changes to how it handles trade with Kyiv.
“Beginning June 6, the Autonomous Trade Measures—trade preferences established after Russia’s full-scale aggression—will end,” one source said.
“Conditions will revert to those in place before the war. Both the trade preferences and the current restrictive measures on certain goods, such as chicken meat, eggs, and honey, will expire.”
EU officials are also discussing the possibility of maintaining certain trade preferences, for example, for Ukrainian steel exports.
“Furthermore, the EU will continue discussions on amending Article 29 of the Association Agreement between Ukraine and the EU to develop trade terms that are mutually beneficial and to support Ukraine’s economy, which has suffered because of the war,” the official added.
The Autonomous Trade Measures regime was introduced on June 4, 2022, to help support Ukraine’s economy. According to the European Commission, Ukrainian exports to the EU amounted to EUR24.3 billion ($26.7 billion) during the 12 months leading up to October 2023, an increase of EUR0.3 billion compared with 2021.