EU Plans to Subsidize Ukrainian Grain Exports

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The European Commission is considering subsidizing the transportation of Ukrainian grain through its member states after several countries banned its imports.

This is reported by Bloomberg, citing Polish Public Radio.

It is noted that the issue of supporting the cost of transit of Ukrainian grain is being discussed at meetings of representatives of Poland, Hungary, Slovakia, Romania and Bulgaria, as well as the executive authorities of the EU and Ukraine.

According to the report, the estimated cost of subsidies may be about 30 euros per ton of grain.

Also related: The EU may impose sanctions on Poland if the embargo on grain from Ukraine is not lifted

Earlier this year, five EU member states bordering Ukraine imposed a temporary ban on the sale of Ukrainian grain until mid-September due to growing complaints from local farmers about the impact on their businesses.

The five countries are seeking to ensure that potential subsidies are accompanied by a decision to extend the ban until the end of 2023. The current rules do not apply to goods in transit through their territory.


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