European Commission Proposes Extension of Duty Suspension for Moldovan Goods

The European Commission this week proposed a measure to renew and expand the suspension of duties and quotas on imports from Moldova for another year. The measures were initially imposed to ease economic pressures on Moldova due to Russia's invasion of Ukraine. The commission said the measures allow for an expedited safeguard mechanism that can be used to protect the EU agriculture industry if needed. The European Parliament and the European Council will next consider the suspension extension.