Index Investing News
Saturday, May 23, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Deal reached over Ukraine grain imports into EU

by Index Investing News
April 29, 2023
in Economy
Reading Time: 2 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


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.



Source link

Tags: dealgrainimportsReachedUkraine
ShareTweetShareShare
Previous Post

FRC, SNAP, AMZN, INTC and more

Next Post

First Trailer for Mysterious French Film ‘The Mountain’ Set in the Alps

Related Posts

Transcript: Shelia Bair, former FDIC Chair

Transcript: Shelia Bair, former FDIC Chair

by Index Investing News
May 19, 2026
0

https://www.youtube.com/watch?v=Y-mjUH1lHg4https://www.youtube.com/watch?v=Y-mjUH1lHg4     The transcript from this week’s, MiB: Shelia Bair, former FDIC Chair, is below. You can stream and...

AI and Comparative Advantage – Econlib

AI and Comparative Advantage – Econlib

by Index Investing News
May 15, 2026
0

It was a fact universally acknowledged that a young man or woman in 1800s Lancashire could find gainful employment as...

Transcript: Howard Lindzon, Social Leverage

Transcript: Howard Lindzon, Social Leverage

by Index Investing News
May 11, 2026
0

https://www.youtube.com/watch?v=Q12PYx1e-eohttps://www.youtube.com/watch?v=Q12PYx1e-eo     The transcript from this week’s MiB Howard Lindzon, Social Leverage, is below. You can stream and download...

Is Economics Finally Becoming Trustworthy?

Is Economics Finally Becoming Trustworthy?

by Index Investing News
May 7, 2026
0

“There are two things you are better off not watching in the making: sausages and econometric estimates. This is a...

Transcript: Lawrence Calcano, iCapital CEO

Transcript: Lawrence Calcano, iCapital CEO

by Index Investing News
May 3, 2026
0

https://www.youtube.com/watch?v=crZF0Hl9qXEhttps://www.youtube.com/watch?v=crZF0Hl9qXE     The transcript from this week’s, MiB: Lawrence Calcano, iCapital CEO, is below. You can stream and download...

Next Post
First Trailer for Mysterious French Film ‘The Mountain’ Set in the Alps

First Trailer for Mysterious French Film 'The Mountain' Set in the Alps

Rare bipartisan coalition in Texas House OKs reform of controversial affordable housing incentives

Rare bipartisan coalition in Texas House OKs reform of controversial affordable housing incentives

RECOMMENDED

Cancellation of NIS 200 invoice again on agenda

Cancellation of NIS 200 invoice again on agenda

April 28, 2025
Sir Bradley Wiggins reveals he was sexually groomed by a coach on the age of 13 | Biking Information

Sir Bradley Wiggins reveals he was sexually groomed by a coach on the age of 13 | Biking Information

April 19, 2022
Thank Dems’ border madness for the US’ 600K migrant criminals

Thank Dems’ border madness for the US’ 600K migrant criminals

October 5, 2024
The automation boom may widen inequality. Address it

The automation boom may widen inequality. Address it

February 16, 2023
How Two Soccer Moms Went from Small Multifamily to M Real Estate Deals

How Two Soccer Moms Went from Small Multifamily to $11M Real Estate Deals

August 17, 2023
Alameda’s Ex-CEO Caroline Hires Former SEC Official As Lawyer

Alameda’s Ex-CEO Caroline Hires Former SEC Official As Lawyer

December 11, 2022
“Make US Crypto Capital of the World”

“Make US Crypto Capital of the World”

July 28, 2024
Budgeting Is Dead—Do This Instead and Watch Your Wealth Grow

Budgeting Is Dead—Do This Instead and Watch Your Wealth Grow

February 3, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In