UBTA Presented Concerns of the Ukrainian Exporters over future CBAM regulation to Karin Karlsbro, Member of European Parliament Committee on International Trade

16
12.2021

On December 15, the UBTA committee for sustainability and European Green Deal, with support of the UBTA Brussels office had informal online consultations with Karin Karlsbro, MEP, the rapporteur of the Parliament’s committee for international trade on carbon border adjustment mechanism (CBAM).

Consultations were attended by the UBTA member companies which represent 40% of the national steelmaking, 26% of power generation and 30% of cement production in Ukraine.

The consultations offered an opportunity for the Ukrainian companies to raise their specific concerns regarding possible negative impact of CBAM on the Ukrainian exports to the EU, to brief about ongoing decarbonization efforts in Ukraine, particularly measures to harmonize with the EU climate legislation, and to present suggestions how to minimize the CBAM impact through finetuning provisions of the respective draft regulation currently pending in the European Parliament.

As was pointed out by Nazar Bobitski, director of the UBTA Brussels office, ‘these consultations were very important to the Ukrainian exporters as they may help establish a basis for a regular and direct dialogue with the European Parliament, other EU institutions and the Ukrainian exporters, which are keen to make their concerns as well as concrete suggestions known. We look at these consultations as a start of a long-term debate with the EU legislators about how CBAM can help Ukraine and other EU associated partner countries, rather than harm them, while preserving their traditional trade ties with the EU”.