American Talk
  • Home
  • Business
  • Leadership
  • Economics
  • Recruitment
  • Innovation
  • Strategy
  • More
    • Customer Experience
    • Managing People
    • Managing Yourself
    • Communication
    • Marketing
    • Organizational Culture
    • Technology
Featured Posts
    • News
    Woke Target’s $15B ‘stunning collapse’ should be a warning to CEOs: ‘Shark Tank’ star
    • June 6, 2023
    • Business
    Labour’s green revolution plan may stretch its economic promises
    • June 6, 2023
    • News
    House Democrat bill would force labeling of AI use
    • June 6, 2023
    • Business
    Flood fears after Kakhovka dam blown up in Ukraine
    • June 6, 2023
    • News
    SEAN HANNITY: We’re seeing a brazen level of political bias and corruption at the FBI and DOJ
    • June 6, 2023
Featured Categories
Business
View Posts
Hiring and Recruitment
View Posts
News
View Posts
Press
View Posts
Trending
View Posts
American Talk
7K
9K
4K
1K
American Talk
  • Home
  • Business
  • Leadership
  • Economics
  • Recruitment
  • Innovation
  • Strategy
  • More
    • Customer Experience
    • Managing People
    • Managing Yourself
    • Communication
    • Marketing
    • Organizational Culture
    • Technology
  • Business

Deal reached over Ukraine grain imports into EU

  • April 28, 2023
  • admin
Total
0
Shares
0
0
0

Poland and three other EU member states are to lift a ban on imports of Ukrainian foodstuffs under a deal reached with Brussels on Friday.

The unilateral measures had raised tensions with other member states who accused Poland, Hungary, Slovakia and Bulgaria of deserting Kyiv in its hour of need as it fights Russian aggression.

The European Commission will impose temporary curbs on a more limited range of products, accepting that a glut of grain in the countries has caused hardship for their farmers.

The measures will also cover Romania which had also complained about low grain prices as its warehouses filled with Ukrainian imports. However, it had not taken unilateral action. They are expected to take effect in the coming weeks.

Wheat, maize, oilseed and sunflower seed will only be allowed into those countries if they are in transit to other destinations.

Valdis Dombrovskis, EU trade commissioner, announced the deal on Friday evening.

“The neighbouring member states will be withdrawing their unilateral measures,” he said. “We have a solution which addresses the concerns both of farmers in neighbouring member states and of Ukraine.”

The commission will also investigate whether the curbs should be extended to other commodities such as eggs and meat.

Brussels acted swiftly after some of Ukraine’s most loyal allies took the steps because of protests by farmers.

The five countries will receive €100mn from EU funds to compensate farmers.

The EU dropped tariffs and quotas on foodstuffs from Ukraine, an agricultural powerhouse, to assist it after the Russian invasion. However, much of the Ukrainian grain entering the bloc had remained in bordering countries because of the high cost of transporting it to traditional markets such as Africa.

The unexpected success of a deal with Russia and Turkey to export grain via the Black Sea has also diminished demand for land routes set up by the EU.

EU member states agreed as well on Friday to extend the wartime trade regime with Ukraine for another year, until June 2024. A revised version will have stronger provisions that allow the EU to take measures to “safeguard” its own market more rapidly in future.

Brussels also promised to help organise convoys of trucks, trains and barges to transport the grain to ports where it can be sent to countries in need.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You May Also Like
Read More
  • Business

Labour’s green revolution plan may stretch its economic promises

  • admin
  • June 6, 2023
Read More
  • Business

Flood fears after Kakhovka dam blown up in Ukraine

  • admin
  • June 6, 2023
Read More
  • Business

India’s surging rail investment fails to avert disaster

  • admin
  • June 6, 2023
Read More
  • Business

Commercial broadcasters attack Ofcom advertising proposals

  • admin
  • June 6, 2023
Read More
  • Business

US prepared to address ‘aggressiveness’ of Chinese military

  • admin
  • June 5, 2023
Read More
  • Business

CBI struggles to secure big public backing for its revamp

  • admin
  • June 5, 2023
Read More
  • Business

France objects to Nato plan for office in Tokyo

  • admin
  • June 5, 2023
Read More
  • Business

How America is reshaping the global economy

  • admin
  • June 5, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Featured Posts
  • 1
    Woke Target’s $15B ‘stunning collapse’ should be a warning to CEOs: ‘Shark Tank’ star
    • June 6, 2023
  • 2
    Labour’s green revolution plan may stretch its economic promises
    • June 6, 2023
  • 3
    House Democrat bill would force labeling of AI use
    • June 6, 2023
  • 4
    Flood fears after Kakhovka dam blown up in Ukraine
    • June 6, 2023
  • 5
    SEAN HANNITY: We’re seeing a brazen level of political bias and corruption at the FBI and DOJ
    • June 6, 2023
Recent Posts
  • India’s surging rail investment fails to avert disaster
    • June 6, 2023
  • Michael Block comes up short in US Open qualifier after magical PGA Championship run
    • June 6, 2023
  • Commercial broadcasters attack Ofcom advertising proposals
    • June 6, 2023

Sign Up for Our Newsletters

Subscribe now to our newsletter

American Talk
  • Home
  • Privacy Policy
  • Contact

Input your search keywords and press Enter.