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EU-Ukraine trade pact set to expire on Jun 5
EU-Ukraine trade pact set to expire on Jun 5

CNA

time5 days ago

  • Business
  • CNA

EU-Ukraine trade pact set to expire on Jun 5

A temporary trade agreement between Ukraine and the European Union, established after Russia's full-scale invasion in 2022, is slated to expire on Thursday (Jun 5). Kyiv warns this will have a major impact on its economy that is heavily dependent on agriculture, adding that it could trigger negative sentiment towards the EU. However, farming communities in countries like France and Poland say they have been hurt by Ukrainian imports over the past three years. William Denselow reports from Warsaw.

EU not looking to extend trade waivers with Ukraine to protect its farming communities
EU not looking to extend trade waivers with Ukraine to protect its farming communities

CNA

time6 days ago

  • Business
  • CNA

EU not looking to extend trade waivers with Ukraine to protect its farming communities

A temporary trade agreement between Ukraine and the European Union — established after Russia's full-scale invasion in 2022 — is set to expire on Thursday. Kyiv has warned this will have a major impact on its economy and could trigger negative sentiments towards the EU. But farming communities in countries such as France and Poland said they have been hurt by Ukrainian imports over the past three years. William Denselow reports from Warsaw.

Kyiv ramps up drone production following cuts in foreign military aid
Kyiv ramps up drone production following cuts in foreign military aid

CNA

time12-05-2025

  • Business
  • CNA

Kyiv ramps up drone production following cuts in foreign military aid

Ukraine is ramping up domestic drone production with a goal of producing millions more units each year. Drones have become an increasingly critical component of the war with Russia. While Ukraine has relied on allies for military aid since Moscow's full-scale invasion, it hopes to eventually export drone technology - an effort that could fit in well with Europe's plans to boost its own defenses. William Denselow reports.

EU to unveil more countermeasures against US tariffs following its steel and metals action plan
EU to unveil more countermeasures against US tariffs following its steel and metals action plan

CNA

time08-05-2025

  • Business
  • CNA

EU to unveil more countermeasures against US tariffs following its steel and metals action plan

The European Union will unveil more details of its countermeasures against United States tariffs on Thursday (May 8). The bloc had earlier released an action plan that aims to strengthen European steelmakers in the face of 25 per cent duties on steel and aluminium imposed by the US. William Denselow reports on what this means for the EU steel industry, which is already reeling from intense competition and rising operational costs.

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