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EU to Provide 109.32 Million Dollars in Farm Support Instead of Importing Grain from Ukraine

by John Pierce
July 3, 2023
in Business
1 min read
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The European Union promises 100 million euros ($109.32 million) of compensation for farmers in countries On the border with Ukraine and plans to impose restrictions on imports of A spokesman for the European Commission said that Ukrainian grain on Wednesday.

Pressure mounting on brussels to work out EU-wide solution after Warsaw and Budapest announced bans on Some imports from Ukraine on the weekend. last countries in Eastern Europe also Consider work.

Oversight Committee trade policy in The 27-nation European Union will take what it described as “preventive measures”. for specific categories of Cereals and oilseeds – mainly wheat, corn, sunflower seeds and rapeseed.

under the European Union rulesthe European Union can restrict import of products in whole or in part of block while still allowing traversal.

European Trade Commissioner Valdis Dombrovskis is set to discuss plans Later on Wednesday with Ministers affected countries – Bulgaria, Hungary, Poland, Romania and Slovakia – as well with their Ukrainian counterparts.

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