Bulgaria will be able to import over 1 Mt of grain and oil from Ukraine

Published 2023년 12월 11일

Tridge summary

Bulgaria and Ukraine have reached an agreement on grain imports, with Ukraine providing weekly information on export licenses to Bulgaria, as well as quotas for specific products not to exceed half of previous imports. Bulgarian companies will be able to import over 1 Mt of grain and oil from Ukraine, including 24 Kt of wheat, 18 Kt of corn, and significant quantities of various types of oil. The quotas are expected to be valid until the end of 2024, with the potential for additional imports from Romania or Moldova if needed.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On Friday, the Ministry of Agriculture and Food of Bulgaria published some more information regarding grain imports from Ukraine. Once a week, the Ukrainian side will provide the MFA with information on the received applications for issuing grain export licenses to Bulgaria. The information will contain data on the exporter and importer, the type and volume of the goods, quality and safety certificates, as well as the price per ton. As a result, Bulgaria will respond with feedback on the admissibility of the requested quantities. The summary information on the issued licenses will be publicly disclosed. According to the proposed draft of the Ministry of Agriculture, for all products other than sunflower, it is stipulated that the quota of imports from Ukraine of each commodity is not greater than half of the total imports for the last reported year. In the case of sunflower, more than 50% of the previous import is allowed due to the stock base, domestic consumption and data ...

Source: Agroportal