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EU - Latest news GMK Center

Photo – CBAM might apply to one third of Ukraine’s exports to the EU
CBAM might apply to one third of Ukraine’s exports to the EU

Once introduced, CBAM will increase the fiscal burden of Ukrainian producers of electricity, fertilizers and metal products

Photo – CBAM targeting steelmakers to sparkle an annual 0.5% drop in Ukraine’s GDP
CBAM targeting steelmakers to sparkle an annual 0.5% drop in Ukraine’s GDP

The imposition of the Carbon Border Adjustment Mechanism might lead to a decrease in the competitiveness of Ukrainian exports

Photo – GMK Center forecasts an annual decline of €200 million in exports of Ukraine’s mining & metals sector due to СВАМ
GMK Center forecasts an annual decline of €200 million in exports of Ukraine’s mining & metals sector due to СВАМ

The imposition of the СВАМ by the European Union may result in termination of exports of pig iron and a 10% decrease in exports of long products

Photo – Ukraine has almost exhausted its quota for stainless pipes exports to the EU
Ukraine has almost exhausted its quota for stainless pipes exports to the EU

Ukraine has already exhausted its quotas for cold-rolled products, hollow sections and wire exports

Photo – No rules: protectionism is turning trade into an all-out war
No rules: protectionism is turning trade into an all-out war

The Ukrainian market remains quite open, and the mechanism of its protection is very weak

Photo – Ukraine has almost exhausted its country quota for hot-rolled products exports to the EU
Ukraine has almost exhausted its country quota for hot-rolled products exports to the EU

Domestic producers are rapidly filling the hollow sections quota as well

Photo – The Parliament ratifies a free trade agreement with UK
The Parliament ratifies a free trade agreement with UK

From 2023 onwards, the United Kingdom may stop levying duties on imports of Ukraine-made industrial products

Photo – Ukraine to seek funding for participating in the European Green Deal
Ukraine to seek funding for participating in the European Green Deal

To effectively participate in the Green Deal, the country needs to develop a ‘roadmap’ with the EU

Photo – Ukraine wants an individual approach in the European Green Deal
Ukraine wants an individual approach in the European Green Deal

A roadmap for the Green Deal implementation should be in line with Ukraine’s opportunities

Photo – The UK will have its own steel import quotas from 1 January
The UK will have its own steel import quotas from 1 January

Quotas will be introduced for Ukraine’s cold-rolled sheets, hot-rolled plates and rebar

Photo – Ukraine and the EU to step up work on ‘industrial visa-free regime’
Ukraine and the EU to step up work on ‘industrial visa-free regime’

Special attention will be paid to the European Union’s support for small and medium-sized businesses in Ukraine

Photo – Ukraine completely exhausted the country quota for exports of stainless pipes to the EU
Ukraine completely exhausted the country quota for exports of stainless pipes to the EU

The export quota for non-alloy wire and hollow sections will soon be filled too

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