The EU limited the import of Russian grain as a compromise in the agreement with Ukraine
10.04.2024 - 11:32
One of the components of the compromise decision regarding restrictions on the import of certain types of agricultural products from Ukraine to the EU was the introduction of quotas for similar goods from the Russian Federation.
As part of negotiations between the European Commission, the EU Council and the European Parliament, officials agreed to introduce quotas for Russian agricultural products. This was announced by the Minister of the Middle Class, Self-Employment, Agriculture and Institutional Reforms of Belgium, David Clarinval.
The minister believes that this decision allows us to talk about achieving a “good balance”.
Along with this, the European Commission, the Council of the EU and the European Parliament agreed on the continuation of free trade with Ukraine. However, one of the conditions was that exports of poultry meat, eggs, sugar, corn, cereals and honey should not exceed the level of average volumes observed from mid-2021 to the end of 2023.
As USM previously wrote, due to the trade compromise with the EU, Ukraine may lose 86 million euros.
