Export from Ukraine – cheap grain: EU countries need help

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Due to support for Ukraine for the export of grain and other agricultural products, several member states are now dependent on aid themselves. Brussels therefore announced on Monday that Bulgaria, Poland, Hungary, Romania and Slovakia will receive 100 million euros in support from the agricultural funds of the European Union. The background to this are complaints about market disruption and falling prices as a result of a sharp increase in agricultural exports from the war-torn country.

After Russia’s war of aggression against Ukraine began, Poland and other countries in the region offered to assist in the transit of Ukrainian grain to third countries as Russia blocked traditional trade routes. However, transit transport came to a standstill, also because the ports had insufficient capacity.

Part of it is intended for transit grain entered the Polish market and the markets of other Eastern European countries, which led to a fall in prices there. Farmers’ protests and temporary import stops were the result. The European Commission then decided to impose uniform restrictions on the trade in Ukrainian introduce agricultural products for five eastern EU countries.

Restrictions apply until September 15
Earlier this month, the measures for Bulgaria, Poland, Hungary, Romania and Slovakia were extended. Wheat, corn, rapeseed and sunflower seeds from the Ukraine may no longer be freely traded there until September 15.

Package for other EU countries in progress
At the end of March, 56 million euros in support had already been decided for Polish, Romanian and Bulgarian farmers. A third package for the other 22 EU countries is currently being worked on, said a spokeswoman for the EU Commission.

Source: Krone

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