Ukraine Sets 'Self-Limiting' Export Measure to Foster Trust With EU, USDA Says
Ukraine recently announced a zero export quota for sugar to the EU for the rest of the year after meeting the 262,000 metric ton export quota set by the EU for the year, USDA’s Foreign Agricultural Service said in a report last week. Ukraine established the “self-limiting trade measure,” which took effect June 1, to “create long term trust” with the EU, USDA said. “This quota is intended to block sugar exports to the EU, while exports to other destinations will remain unaffected.”