EU extends suspension of steel, iron import limits for Ukraine

The EU Council press service reported the information, according to European Pravda.

This decision is aimed at supporting the Ukrainian economy in the face of Russia's war of aggression, which is now in its fourth year.

The Regulation will come into force on June 6, 2025 and will be valid for three years.

It allows Ukrainian producers and exporters of iron and steel to avoid restrictions introduced in 2018 to protect European industry from excessive global supply.

At the same time, the European Commission reserves the right to temporarily suspend this regulation for certain products for up to 12 months.

Such a decision may be made if imports of certain Ukrainian products reach a level that seriously harms or threatens producers in the EU.

The exemption of Ukraine from these restrictions is part of the EU's broader support for Ukraine amid Russia's illegal, unprovoked and unjustified full-scale war, which has seriously undermined Ukraine's ability to trade, in particular through the loss or destruction of metallurgical facilities.

• On Monday, June 2, the EU and Ukraine began the first formal negotiations on new trade terms that will replace the autonomous trade measures that established preferential trade regime for Ukrainian exporters.
• On June 6, the “trade visa-free regime” with Ukraine will be replaced by transitional measures that will return Ukrainian exporters to tariff quotas within the existing free trade zone between Ukraine and the EU, with some preferences.