ADVERTISEMENT

Ukraine Grain Import Ban Termination Date 'Unacceptable' - AgMin

Ukraine Crisis

Image by Shutterstock.com

The September 15 expiration date for a ban on imports of Ukrainian grain to neighboring countries in the European Union is "unacceptable", Agriculture Minister István Nagy said at a meeting of his peers from Poland, Bulgaria, Romania, and Slovakia in Warsaw on Wednesday, according to a report by state news wire MTI.

Nagy said the sides had signed an agreement "signaling that Hungary, Poland, Bulgaria, Romania, and Slovakia will continue to cooperate on the matter of Ukrainian grain".

If the European Union doesn't extend the ban until at least December 31, Hungary "will use all means available to protect Hungarian farmers", he added.

Polish Prime Minister Mateusz Morawiecki said Poland would not open its borders to Ukrainian grain on September 15.

The ban was introduced after an exemption from customs duties and quotas for Ukrainian grain, intended to expedite deliveries to countries in the Middle East and Africa, caused a glut in markets in neighboring countries.

Motor Fuel Prices Fall Below Avg in Neighboring Countries Energy Trade

Motor Fuel Prices Fall Below Avg in Neighboring Countries

China-Hungary Cooperation 'Story of Continuous Friendship', ... Visits

China-Hungary Cooperation 'Story of Continuous Friendship', ...

Fortaco Sells Heavy Project Business in Hungary Deals

Fortaco Sells Heavy Project Business in Hungary

Aldi Opening Biggest Store in Budapest Food

Aldi Opening Biggest Store in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.