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Hungary will not extend the ban on honey imports from Ukraine, they want to make money on resale

Honey
Published Mar 28, 2024

Tridge summary

Hungary has decided not to renew its ban on honey imports from Ukraine, a move that has sparked protests from local beekeepers concerned about the impact of cheaper Ukrainian honey on their businesses. Agriculture Minister Istvan Nagy explained that the ban, lifted on February 19, did not have the intended positive effect on the local market and also negatively affected companies involved in packaging and exporting Ukrainian honey to the rest of the EU. Despite the backlash, the government remains firm in its decision not to reimpose the honey import ban. This development is part of Hungary's broader policy on Ukrainian agricultural imports, with bans on several other goods still in effect after September 15, 2023, except for Ukrainian sugar, which saw its ban lifted in October 2023.
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

Hungary will not extend the ban on honey imports from Ukraine, 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. This was stated by Hungarian Minister of Agriculture Istvan Nagy, Reuters reports. The official acknowledged that the unilateral import ban did not have a positive impact on the local market, as wholesale purchase prices did not increase as much as local beekeepers had hoped. At the same time, the ban on imports of Ukrainian honey has harmed companies that packaged it and exported it further to the EU, the Hungarian minister said. According to him, local exporters need Ukrainian honey because otherwise they will not be able to fulfill their contracts. Therefore, on February 19, the ban on honey imports from Ukraine was lifted, which caused protests by local beekeepers. “Since the closure (ban) could no longer support the interests of Hungarian beekeepers, it had ...
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