Regulation (EU) 2022/1279 on temporary trade-liberalisation measures supplementing trade concessions applicable to products from Moldova under the Association Agreement between the European Union and Moldova

Author (Corporate) ,
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Series Details L 195, Pages 6-12
Publication Date 22/07/2022
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Summary:

Regulation (EU) 2022/1279 - formally adopted by the co-legislators on 18 July 2022 - concerning temporary trade-liberalisation measures supplementing trade concessions applicable to Ukrainian products under the Association Agreement signed by the European Union (EU) and the Moldova.

Further information:

The EU-Moldova Association Agreement was signed in 2014 and entered fully into force in 2016. Russia's invasion of Ukraine in February 2022 greatly affected Moldova's ability to trade with the rest of the world, as the country relied on transit via the Ukrainian territory and on Ukrainian infrastructure. Moldova asked the EU to facilitate as much as possible the conditions to enable the country to redirect to the EU some of its trade with the rest of the world, in order to further deepen its trade relations with the EU and support its economy.

This draft law introduces temporary trade-liberalisation measures in the form of additional tariff-free quotas on some agricultural products still subject to tariff-rate quotas which shall apply for a period of one year.

The proposed Regulation was adopted by the European Commission on 9 June 2022. It was endorsed by the European Parliament on 5 July, followed by the Council of the European Union on 18 July. The Act was formally signed by the co-legislators on that same day and published in the Official Journal on 22 July 2022.

Source Link http://data.europa.eu/eli/reg/2022/1279/oj
Related Links
Commentary and Analysis
Emerging Europe: News & Analysis, 20/07/2022: Hit by loss of Russian, Ukrainian markets, Moldova’s farmers look to the EU https://emerging-europe.com/news/hit-by-loss-of-russian-ukrainian-markets-moldovas-farmers-look-to-the-eu/

News
EurActiv, 18/07/2022: Moldova gets temporary trade liberalisation with the EU for seven foodstuffs https://www.euractiv.com/section/agriculture-food/news/moldova-gets-temporary-trade-liberalisation-with-the-eu-for-seven-foodstuffs/
The Sofia Globe, 18/07/2022: EU ministers adopt temporary trade liberalisation measures for Moldova https://sofiaglobe.com/2022/07/18/eu-ministers-adopt-temporary-trade-liberalisation-measures-for-moldova/

Official
EUR-LEX: COM(2022)288: Proposal for a Regulation on temporary trade-liberalisation measures supplementing trade concessions applicable to Moldovan products under the Association Agreement between the European Union and Moldova https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2022:288:FIN
European Parliament: Legislative Observatory: Procedure File for Proposal on Temporary trade-liberalisation measures supplementing trade concessions applicable to Moldovan products under the EU/Euratom/Moldova Association Agreement (2022/0188(COD)) https://oeil.secure.europarl.europa.eu/oeil/popups/ficheprocedure.do?lang=en&reference=2022/0188(COD)
European Commission: EU Trade Relations with Moldova https://policy.trade.ec.europa.eu/eu-trade-relationships-country-and-region/countries-and-regions/moldova_en
European Commission: Press Release, 09/06/2022: EU facilitates increased exports for Moldovan agricultural products https://ec.europa.eu/commission/presscorner/detail/en/ip_22_3547
European Parliament: Press Release, 30/06/2022: Moldovan agricultural exports liberalised for a year to support its economy https://www.europarl.europa.eu/news/en/press-room/20220628IPR34003/
Renew Europe EP Group: Newsroom, 07/07/2022: The EU Continues To Support Ukraine And Moldova With Important New Trade And Financial Measures https://www.reneweuropegroup.eu/news/2022-07-07/the-eu-continues-to-support-ukraine-and-moldova-with-important-new-trade-and-financial-measures
Council of the European Union: Press Release 18/07/2022: Moldovan agricultural products: Council adopts temporary trade liberalisation measures https://www.consilium.europa.eu/en/press/press-releases/2022/07/18/moldovan-agricultural-products-council-adopts-temporary-trade-liberalisation-measures/

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