2023-09-16 19:46:22
Brussels announced on Friday the end of the ban imposed by five EU states on the import of Ukrainian grain, in return for a commitment from Kiev to control the influx of grain – at the risk of a standoff with Warsaw, Budapest and Bratislava which intend to maintain their restrictions.
At the end of April, the European Commission concluded an agreement with five Member States (Poland, Hungary, Slovakia, Bulgaria, Romania) allowing them to block the marketing of Ukrainian wheat, corn, rapeseed and sunflower on their soil in order to protect their farmers.
Following the lifting of EU customs duties in May 2022, these countries saw an influx of cereals at cut-off prices from Ukraine, but blocked on their soil due to logistical problems instead of reaching Africa and the Middle East. Several had unilaterally banned imports, to stem the saturation of their silos and the collapse of local prices.
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