The EU has reached a compromise on Ukraine's agricultural imports

The European Commission and Poland have reached an agreement to ban imports of five agricultural products from Ukraine.

This was stated by Polish Prime Minister Mateusz Morawiecki, RMF FM reports.

"We are talking mainly about cereals and corn," Morawiecki said.

The agreement contains a commitment by Poland and other countries to abandon the unilateral blocking of food imports from Ukraine. An unprecedented EU ban on imports of wheat, corn, rapeseed, sunflower, and sunflower oil will replace the bans. Transit will be allowed. The duration of the ban is not yet known.

It is noted that the ban on imports of these five products accounts for 90% of all imports from Ukraine.

In its turn, the European Commission will conduct further investigation instead of expanding the list by banning imports of such products as milk, poultry, or eggs.

If, in the opinion of the European Commission, the problem reported by Poland, in particular, is confirmed, a safeguard clause will be triggered. It means the introduction of customs duties.

In addition, the EC will allocate 100 million euros to support farmers in five countries, of which Poland will receive almost 40 million euros.

Together with the possibility of receiving a 200 percent subsidy, Polish farmers can count on 120 million euros. In addition, Brussels promises to help with grain exports.

Author - Olena Madiak, 28/04/2023