CBAM

Why Ukraine has a chance to get a special regime of CBAM

The CBAM regulation provides for the possibility of an exception in case of force majeure

Ukraine is already negotiating an exemption from the CBAM

It is not yet clear what such a decision will include, but it will certainly not be a complete non-application of CBAM for Ukraine

CBAM application to Ukraine can be discussed thorugh free trade zone negotiations, – FEU

During such negotiations, it is very important for Ukraine to preserve the volume and continuity of trade

CBAM may endanger integration of Ukraine into the EU

Ukraine needs time to adapt to European regulation

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How EU CBAM may increase burden of the war for Ukraine

Domestic iron & steel industry will be the most damaged by CBAM

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In 2026-2030 total export losses of Ukraine due to CBAM may exceed $4.6 bln

Ukraine may stop export of cement, fertilizers, pig iron, billets, long steel products after 2030

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Iron & steel industry of Ukraine will be the most hit by EU CBAM – GMK Center’s report

Exports of pig iron, billets and long steel products can stop after 2030

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What problems do businesses face when reporting on CBAM?

Practice shows that all companies that already submit new reporting have problems with this somewhat complicated documentation

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Taiwan to discuss its own version of CBAM

It is predicted that the details of the mechanism will not be announced until mid-2025

EU CBAM will lead to changes in global supply chains

Competition on markets which do not have their CBAMs will rise as companies facing high CBAM payments in the EU will have to search other markets for sales

Ukraine needs to implement the declarative principle of CBAM application

According to the Ministry of Economy, the negotiation process has already begun

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