Hungary canceled the ban on the import of honey from Ukraine
Honey
Published Mar 27, 2024
Tridge summary
Hungary has lifted its ban on honey imports from Ukraine as of February 19, 2024, after recognizing that the prohibition did not significantly aid local beekeepers as initially intended. Despite concerns from Hungarian producers about the influx of cheaper Ukrainian honey affecting local market prices, the Minister of Agriculture, Istvan Nagy, noted that the ban instead negatively impacted companies engaged in the packaging and exportation of honey within the EU. The decision to not extend the ban has led to protests from local beekeepers, but the government remains firm in its stance, citing the importance of Ukrainian honey in fulfilling existing contracts and the minimal benefits the ban offered to local beekeeping interests.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Despite the demands of local producers, who claimed that cheap honey from Ukraine has led to a drop in prices on the local market and threatens their business, Hungary will not extend the ban on honey imports from Ukraine. This was stated by the Hungarian Minister of Agriculture Istvan Nagy, reports Business.Censor with reference to Reuters. He admitted that the unilateral import ban had not had a positive impact on the local market as wholesale purchase prices had not increased as much as local beekeepers had hoped. The Hungarian minister noted that at the same time, the ban on the import of Ukrainian honey caused damage to the companies that packaged it and exported it further to the EU. According to him, local exporters need Ukrainian honey, because otherwise they will not be able to fulfill contracts. Therefore, on February 19, 2024, the ban on the import of honey from Ukraine was canceled, which caused protests by local beekeepers. Read also: In Odesa, a beekeeper makes royal ...
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