Parliament is expected to vote on its first reading position during next week’s plenary session. If Parliament adopts its first reading position, the Council will then formally approve the regulation, and it will enter into force after being published in the EU Official Journal.

On 31 January 2024, the EU Commission proposed that import duties and quotas on Ukrainian and Moldovan exports should be suspended for another year. Russia has deliberately targeted Ukrainian food production and Black Sea exporting facilities to undermine the country’s economy and threaten global food security.