AreaEuropean Union

Commodity GroupGrains

CommodityGrains

Date23/04/2023

Policy CategoryTrade

Policy InstrumentImport Policy/ Government intervention

DescriptionThe European Commission (EC) agreed to extend by one year the suspension of duties and quotas on imports from Ukraine, despite unilateral import bans implemented by four countries to protect domestic farmers who endured economic losses due to the influx of grains from Ukraine. Transit of grains through the four EU countries with import bans in place will still be permitted. Furthermore, the EC will provide EUR 100 million (USD 110 million) to compensate farmers in five affected countries bordering Ukraine (including Poland, Slovakia, Hungary, Romania and Bulgaria).