Those Self sufficient Industry Measures (ATMs) were in position since June 2022 and are a key pillar of the EU’s unwavering give a boost to for Ukraine and its economic system. The measures assist alleviate the tricky state of affairs confronted via Ukrainian manufacturers and exporters as a result of Russia’s unprovoked and unjustified conflict of aggression.
Whilst the primary purpose of the ATMs is to give a boost to Ukraine, the measures also are aware of EU farmers’ and different stakeholders’ sensitivities. To this finish, and bearing in mind an important build up in imports of a few agricultural merchandise from Ukraine to the EU in 2022 and 2023, the renewed ATMs comprise a strengthened safeguard mechanism. This makes certain that fast remedial motion may also be taken in case of important disruptions to the EU marketplace, or to the markets of a number of Member States.
In drive since 4 June 2022, the ATMs for Ukraine have had a transparent sure impact on Ukraine’s business to the EU. Along with the Harmony Lanes, the ATMs have ensured that business flows from Ukraine to the EU have remained remarkably strong in 2022 and 2023, regardless of the foremost disruptions brought about via the conflict and in opposition to the overall pattern of a lower in Ukraine’s business total. General EU imports from Ukraine amounted to €24.3 billion within the one year to October 2023 in comparison to pre-war ranges in 2021 of €24 billion.
January 31, 2024/ EC/ Ecu Union.
https://ec.europa.european/