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Agreement reached with EC to resume transit from Ukraine through 5 EU member states

Bulgaria, Hungary, Poland, Romania and Slovakia will receive EUR 100 million in European support

published on 4/29/23 10:55 AM

EC vice president Valdis Dombrovskis

Photo: BGNES

Bulgaria, Hungary, Poland, Romania and Slovakia had reached a deal in principle to allow the transit of Ukrainian agricultural products to resume, European Commission Vice President Valdis Dombrovskis was quoted as saying by BNR correspondent in Brussels Angelina Piskova. The 5 member-states had vetoed imports from Ukraine until June 5.

The Commission will propose unspecified emergency safeguard measures for wheat, corn, rapeseed and sunflower production. For their part, the five Eastern European countries will lift their vetoes on imports of other products from Ukraine. As compensation, they will receive European aid amounting to EUR 100 million. Again, it is not clear exactly how these funds will be distributed.

EU's permanent representatives have agreed to extend duty-free imports from Ukraine, which expire on 5 June, for another year.

Consultancy UkrAgroConsult estimates that in 2021-2022 the share of sunflower exports from Ukraine on the world market will reach 45-46%.

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Agreement reached with EC to resume transit from Ukraine through 5 EU member states

Bulgaria, Hungary, Poland, Romania and Slovakia will receive EUR 100 million in European support

More from category

Blagoevgrad to host the 32nd edition of the International Mathematics Competition for University Students

85 folk ensembles to participate in the "Sparks from the Past" festival in Apriltsi

Red heat alert issued for 12 Bulgarian districts, orange code alert in effect for the rest of the country

85 folk ensembles to participate in the "Sparks from the Past" festival in Apriltsi

Blagoevgrad to host the 32nd edition of the International Mathematics Competition for University Students