The European Commission has reached an agreement in principle with Bulgaria, Hungary, Poland, Romania and Slovakia regarding Ukrainian agricultural products exported to these countries. Valdis Dombrovskis, Executive Vice President of the Commission for Economics and Commissioner for Trade, writes about this on his Twitter account.
According to him, the European Commission took into account both the fears of farmers in these EU countries and the interests of Ukraine. The agreement provides for the removal of unilateral restrictions on the part of Bulgaria, Poland, Slovakia and Hungary regarding Ukrainian agricultural exports. Wheat, corn, rapeseed and sunflower are subject to special protective measures.
The protective measures in question, as previously reported , consist of a temporary ban on the import of these types of Ukrainian agricultural products into the EU until June 5.
In addition, the five listed EU states will be allocated a financial package to support farmers affected by low prices for agricultural products totaling 100 million euros. In relation to other Ukrainian products, including sunflower oil, the European Commission will conduct a study aimed at developing further protective measures.
According to Dombrovskis, negotiations to ensure the continuation of the export of agricultural products from Ukraine are also being conducted with other countries "based on the principle of solidarity."
Earlier, Poland, Slovakia, Bulgaria and Hungary unilaterally imposed restrictions on the import of Ukrainian food. Its stocks, accumulated in the markets of these countries, significantly restrained prices, which negatively affected the business of local producers, who went out to protest because of this.