The EU has extended restrictions on grain imports from Ukraine
The European Union has extended the restriction on the import of cereals from Ukraine – wheat, corn, rapeseed and sunflower seeds – until mid-September, the European Commission announced on Monday evening.
The committee agreed to the request of the five EU member states, Hungary, Poland, Slovakia, Bulgaria and Romania, according to which the board should immediately introduce measures to deal with the unsustainable situation caused by increased grain imports from Ukraine. At the end of April, the commission concluded an agreement with the affected member states, which allows them to block the distribution of Ukrainian cereals on their country’s territory until June 5, provided that they do not prevent transit traffic to other countries. On Monday, the board extended this agreement until September 15.
“These measures are still necessary for a limited time, given the exceptional circumstances experienced in the five Member States, the severe logistical bottlenecks before the harvest season and the limited grain storage capacity”
– the committee explained its decision.
Related news
Garlic on European markets: Why a bountiful Chinese harvest doesn’t guarantee low prices?
Although China is set to record a bumper garlic harvest…
Read more >EU Alert and Cooperation Network 2024 Summary Published
The European Union’s Alert and Cooperation Network (ACN) recorded more…
Read more >Whole milk powder selling price on the international market increased by almost one and a half times
The producer price of raw milk, expressed in national currency,…
Read more >Related news
Promotions, prices, alternatives – promotions and Hungarian households
Tünde Turcsán, managing director of YouGov spoke about how Hungarian…
Read more >K&H: investors will receive a missing compass
The K&H Securities – Investor Sentiment Index has been launched,…
Read more >Garlic on European markets: Why a bountiful Chinese harvest doesn’t guarantee low prices?
Although China is set to record a bumper garlic harvest…
Read more >