The European Union may need to consider the reintroduction of tariffs on Ukrainian grain if the influx of these products pushing down prices in the European Union markets cannot be stopped by other means, the prime ministers of five EU eastern economies have written in a letter to the European Commission.
A letter to European Commission President Ursula von der Leyen outlining the problem was published on a Polish official government website. It was signed by the prime ministers of Poland, Hungary, Romania, Bulgaria, and Slovakia. The leaders wrote that the scale in the increase of products including grains, oilseeds, eggs, poultry, and sugar has been “unprecedented”.
Ukraine, one of the world’s largest grain exporters, had its Black Sea ports blocked following Russia’s February 2022 invasion, and found alternative shipping routes through the European Union states Poland and Romania.
The Prime Ministers of 🇲🇩🇨🇿🇸🇰🇪🇪🇱🇻🇵🇱🇱🇹🇺🇦 issued an open letter to CEOs of Big Tech, calling on them to fight against disinformation on social media.— Chancellery of the Prime Minister of Poland (@PremierRP_en) March 29, 2023
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The logistical bottlenecks that emerged in the ports and other routes created a situation in which large quantities of Ukrainian grains, which are cheaper than those produced in the EU, were unable to leave the Central European countries, and therefore badly impacted the local price, markets and farmers.
"We have got to get food and fertilizer out of this region."@WFPChief David Beasley says the Ukraine Black Sea grain deal must continue past the 60-day extension agreed upon this month. pic.twitter.com/w6o9ErtKiZ— Becky Anderson (@BeckyCNN) March 29, 2023