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Brussels maintains the veto on grain from Ukraine in five countries until September

Date: February 28, 2024 Time: 17:52:01

The European Union (EU) is going to progressively eliminate by September 15 the exceptional and temporary preventive measures adopted at the beginning of May on imports of wheat, corn, rapeseed and sunflower seeds from Ukraine, informed the European Commission. The ban on these cereals in Bulgaria, Hungary, Poland, Romania and Slovakia, adopted on May 2, expired today.

The Commission, which expressed its hope this Monday that the aforementioned five members “do not maintain any restrictive measures” after September 15, justified that now “they continue to be necessary” given “the exceptional circumstances of serious logistical bottlenecks and the limited cereal storage capacity before the harvest season” in all five countries.

The phasing out over the next few months of the “temporary and specific” measures will help “address the challenges of getting Ukrainian grain out of the country for this harvest,” the Community Executive highlighted in a statement. The ban means that Ukrainian cereals can circulate through Bulgaria, Hungary, Poland, Romania and Slovakia to be marketed in other member states or reach a country or territory outside the EU, but not be sold in those member states.

As agreed this Monday, a joint platform has been created to coordinate the efforts of the Commission and the five aforementioned countries, as well as Ukraine, to improve the trade flow between the latter country and the European Union, including the transit of agricultural products along the so-called “solidarity corridors” to facilitate exports.

The executive vice-president of the European Commission and head of the Trade portfolio, Valdis Dombrovskis, led this process at the political level, who held his first technical meeting to launch this coordination platform three days ago, it was not possible. And avoid that in case the transit of Ukrainian goods is impeded by excessively onerous requirements in one or several of the five Member States, the Commission will reassess whether the substantive conditions for imposing these preventive measures are maintained.

These measures, which Brussels stresses are “exceptional and temporary”, “fully respect the EU’s firm commitment to support Ukraine and preserve its ability to export its cereals, which are essential to feed the world and keep commodity prices low.” food, in the face of challenges posed by unprovoked Russian aggression against Ukraine”.

However, the European Commission said that the suspension of import duties, quotas and trade defense measures on Ukrainian exports to the European Union, known as Autonomous Trade Measures (ATM), are in effect for another year. “This strong testimony of the EU’s unwavering support for Ukraine will help alleviate the difficult situation facing Ukrainian producers and exporters due to Russia’s unjustified and unprovoked military aggression,” Brussels added.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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