Hungary wants restrictions on the trade of Ukrainian grain at the level of the European Union
Grains, Cereal & Legumes
Hungary
Regulation & Compliances
Published Mar 28, 2024
Tridge summary
Hungarian Agriculture Minister Istvan Nagy has raised concerns about the EU's agrarian policy, particularly the impact of duty-free, unlimited Ukrainian agricultural imports on European farmers and consumers. With 17 million tons of grain already exported from Ukraine through Black Sea ports for the current marketing year, Nagy warns that European farmers cannot compete with these cheaper imports. He urges the EU to find a solution that doesn't harm Ukraine but redirects its exports to traditional markets in the Middle East, Asia, and Africa. Meanwhile, Britain opposes EU restrictions on Ukrainian trade, and Poland reevaluates its stance on banning Ukrainian agricultural transit, highlighting the complex geopolitical and economic implications of the situation.
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
The agrarian policy of the European Union is dangerous for both farmers and consumers, since Ukrainian agricultural products are produced in uncontrolled conditions and enter the EU market without paying customs duties in unlimited quantities. This was stated by the Minister of Agriculture of Hungary, Istvan Nagy, reports Business.Censor. The head of the Hungarian government admitted that European farmers cannot compete with cheap agricultural products from Ukraine. Istvan Nagy added that Ukraine was able to resume the export of agricultural products from the Black Sea ports. According to his information, the indicators of export by sea for the current marketing year reached 17 million tons of grain. The minister emphasized that Hungary demands to solve the problem of import of Ukrainian oil and grain crops. Ukrainian agricultural products displaced the products of European farmers from the European market. If the issue of trade in these products is not resolved, the Hungarian ...
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