The EU has extended the duty-free regime for steel from Ukraine
This was reported by RBC-Ukraine citing the First Vice Prime Minister - Minister of Economy of Ukraine, Yulia Sviridenko.
"The trade visa-free regime will be preserved for Ukrainian steel and iron. The EU has extended the preferential import regime for Ukrainian steel and iron for another three years - beyond June 6, 2025. This means that our producers will continue to supply products to EU countries without quotas, tariffs, and other restrictions," - Sviridenko announced.
According to her, this decision is very timely.
"During the years of war, Ukrainian metallurgy is one of the sectors that has suffered the greatest losses. Some factories have been destroyed. Others are operating on the brink. But they are holding on and need access to markets to preserve jobs, generate foreign exchange for the country, and work towards reconstruction," - stated the First Vice Prime Minister - Minister of Economy of Ukraine.
At the same time, Sviridenko said that Ukrainian products are needed in the European market.
According to her, in 2024, Ukrainian exporters supplied the EU with products made of iron and steel totaling over $1.8 billion (more than 3.4 million tons). And in the first quarter of 2025 - another $422 million (almost 800 thousand tons).
"I am grateful to our partners in the European Union for this decision. It is support for a country that is defending European values at the cost of human sacrifices and economic losses," - summarized the First Vice Prime Minister - Minister of Economy of Ukraine.
Let us recall that the EU introduced autonomous measures for trade with Ukraine on June 4, 2022. This was done to support Ukrainian producers and the economy at a time when the country is forced to defend itself amid Russian aggression.
