The EU plans to subsidize the export of Ukrainian grain

The European Commission is “seriously considering” subsidizing transportation of Ukrainian grain through EU member states.

The issue of supporting the transit cost of Ukrainian grain is being discussed at meetings of representatives of Poland, Hungary, Slovakia, Romania and Bulgaria together with the executive power of the EU and Ukraine, reports Bloomberg  with reference to Polish mass media.

According to the report, the estimated cost of subsidies could be around 30 euros ($32.62) per ton of grain.

Earlier this year, five EU member states bordering Ukraine imposed a temporary ban on the import of certain categories of Ukrainian agricultural products until mid-September, following complaints from local farmers about the impact on their businesses.

Countries want potential subsidies to be accompanied by a decision to extend the ban until the end of the year. Current rules do not apply to goods transiting through their territory.