The European Commission agreed to extend the restriction on the import of grain from Ukraine.

According to the agreement, Hungary can block the distribution of Ukrainian cereals on the territory of the country, but cannot prevent transit traffic to other countries.
The European Union has extended the restriction on the import of cereals from Ukraine - wheat, corn, rapeseed and sunflower seeds - until mid-September, the European Commission announced on Monday evening.

The committee agreed to the request of the five EU member states, Hungary, Poland, Slovakia, Bulgaria and Romania

that the board must immediately introduce measures to deal with the unsustainable situation caused by increased grain imports from Ukraine.

At the end of April, the commission concluded an agreement with the affected member states, which allows them to block the distribution of Ukrainian cereals on their country's territory until June 5, provided that they do not prevent transit traffic to other countries. On Monday, the board extended this agreement until September 15.

"These measures are still necessary for a limited time, given the exceptional circumstances experienced in the five member states, the serious logistical bottlenecks that developed before the harvest season and the limited grain storage capacity," the committee explained in its decision.

On Monday, the European Commission also extended the trade preferences granted to Ukraine,

the suspension of import duties, quotas and trade defense measures on Ukrainian exports to the Union - the so-called autonomous trade measures - will remain in place for another year.

The Brussels body emphasized that the EU supports Ukraine's economy and helps alleviate the difficult situation of Ukrainian manufacturers and exporters, which was caused by Russia's "unprovoked and unjustified" military aggression.

Source: MTI

Photo: MTI/EPA/Sergej Ilnytskyi