Hungary will demand to limit imports of Ukrainian grain at the EU level
Published Mar 28, 2024
Tridge summary
Hungarian Agriculture Minister István Nagy has raised concerns about the impact of Ukrainian agricultural products flooding the EU market, which he argues are undercutting European farmers due to lower prices and unregulated production standards. During a meeting in Brussels with other EU agriculture ministers, Nagy advocated for the EU to implement restrictions on imports of Ukrainian grain and oilseeds to safeguard EU farmers, while still supporting Ukraine. Hungary is prepared to enforce national restrictions on these imports if the EU does not address the issue. The ongoing debate over extending trade benefits for Ukraine, including the autonomous trade liberalization measure (ATM Regulation), is complicated by the potential financial losses for Ukraine, estimated at €331 million, if restrictions are imposed.
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 EU’s agricultural policy is dangerous not only for farmers but also for consumers, as Ukrainian agricultural products produced under uncontrolled conditions enter the European market in unlimited quantities without paying any customs duties. Hungarian Agriculture Minister István Nagy said this after a meeting of EU agriculture ministers in Brussels. “Ukrainian agricultural products have pushed out the products of European farmers (from the European market – ed.),” the minister said in a statement published on the website of the Hungarian Ministry of Agriculture. According to him, European farmers cannot compete with cheap grain products from Ukraine. He also noted that Ukraine has managed to resume grain exports from Black Sea ports and has exported more than 17 million tons of grain by sea since the beginning of the marketing year. “If the sea route is free, it will protect the markets of the European Union. The EU can impose restrictions on Ukrainian agricultural products in ...
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