EU: Coldiretti, good safeguard clause with increase by 283% in import of Ukrainian wheat

Published 2024년 3월 13일

Tridge summary

Coldiretti, an Italian agricultural organization, has emphasized the importance of extending the safeguard clause to imports of cereals like wheat and corn from Ukraine to prevent market destabilization in Europe due to speculation. The clause has also been extended to honey imports, using 2021 and 2022 as the reference period for import quantities. The organization has raised concerns about price distortions in the community market due to the liberalization of exports to EU countries, which has resulted in about 60% of Ukrainian agricultural products arriving since the war began. Coldiretti has proposed using a portion of the EU funds for the Ukrainian emergency to purchase and store cereal products in European warehouses for countries facing severe food emergencies.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The extension of the safeguard clause to imports of cereals such as wheat and corn from Ukraine is important to help stop the speculation that is destabilizing the European market, without prejudice to the need to continue to support the country under Russian aggression. This is what Coldiretti stated on the occasion of the European Parliament's vote on autonomous trade measures (ATM) created to facilitate exports from Ukraine to the European Union through the so-called "solidarity lanes". A vote that responds to the requests made by Coldiretti who had written letters to the MEPs. The safeguard clause has also been extended to honey. 2021 has also been included as the average reference period for the quantity of imports beyond which to trigger it, alongside 2022, as requested by Coldiretti, although the critical issue of wanting to also take 2023 into consideration in the calculation (therefore the three-year period) remains. Based on estimates provided by the EU Commission, this ...
Source: Agricolae

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