OREANDA-NEWS.  On April 14, 2014, the European Council approved a proposal to remove import duties on Ukrainian exports to the EU for a certain group of goods.

EU import duties on the following groups of goods exported by Kernel would be amended:

Unrefined sunflower oil: import duty would be cut from 2.9% to 0%.
Refined sunflower oil (bottled or sold in bulk): import duty would be cut from 6.1% to 0%.
The proposed changes also stipulate that the EU will establish new zero-duty import quotas for grain originating from Ukraine. Specifically, in addition to the existing reduced-duty import quotas for wheat and barley originating from any country in the total annual amount of 2.7 million tons, a specific zero-duty quota for wheat and barley originating from Ukraine would be set in the amount of total 1.2 million tons (with a non-quota import duty of EUR 93-95/t).