Current:Home > MarketsEU faces deadline on extending Ukrainian grain ban as countries threaten to pass their own -Edge Finance Strategies
EU faces deadline on extending Ukrainian grain ban as countries threaten to pass their own
View
Date:2025-04-16 22:11:45
LONDON (AP) — The European Union faced a Friday deadline to decide whether to extend a ban on Ukrainian food from five nearby countries that have complained that an influx of agricultural products from the war-torn nation has hurt their farmers.
Poland, Slovakia, Hungary, Romania and Bulgaria still allow grain and other Ukrainian food to pass through on the way to parts of the world in need.
The five EU members have said food coming from Ukraine has gotten stuck within their borders, creating a glut that has driven down prices for local farmers and hurt their livelihoods. The issue has threatened European unity on supporting Ukraine as it fights Russia’s invasion.
The leaders of Poland and Hungary have called for a renewal of the import ban on Ukrainian agricultural products, threatening to adopt their own if the EU doesn’t act.
“For the moment, it seems that the bureaucrats in Brussels don’t want to extend it,” Hungarian Prime Minister Viktor Orbán said in a Friday radio interview. “If they don’t extend it by today at midnight, then several countries banding together in international cooperation — the Romanians, the Poles, the Hungarians and the Slovaks — are going to extend the import ban on a national level.”
Earlier this week, Polish Prime Minister Mateusz Morawiecki said that if the ban wasn’t renewed, “we will do it ourselves because we cannot allow for a deregulation of the market.” Poland’s governing Law and Justice party is trying to attract farmers’ votes in an Oct. 15 parliamentary election.
However, Bulgaria this week approved resuming imports of Ukrainian food. The government in Kyiv praised the decision and urged other countries to follow.
“We believe that any decision, either at the European or national level, that will further restrict Ukrainian agricultural exports will not only be unjustified and illegal, but will also harm the common economic interests of Ukraine, EU member states and the entire European Union, and will have a clear destabilizing effect on the global food market,” Ukraine’s Ministry of Foreign Affairs said in a statement.
In July, Russia pulled out of a U.N.-brokered deal allowing Ukraine to ship grain safely through the Black Sea. Routes through neighboring countries have become the primary way for Ukraine — a major global supplier of wheat, barley, corn and vegetable oil — to export its commodities to parts of the world struggling with hunger.
Recent attacks on Ukraine’s Danube River ports have raised concerns about a route that has carried millions of tons of Ukrainian grain to Romania’s Black Sea ports every month.
It’s meant road and rail routes through Europe have grown increasingly important. They aren’t ideal for agriculture-dependent Ukraine either, whose growers face higher transportation costs and lower capacity.
After the five countries passed unilateral bans earlier this year, the EU reached a deal allowing them to prohibit Ukrainian wheat, corn, rapeseed and sunflower seeds from entering their markets but still pass through their borders for export elsewhere.
The EU also provided an additional 100 million euros ($113 million) in special aid on top of an initial support package of 56.3 million euros to help farmers in the affected countries.
The deal is due to expire just before midnight Friday.
veryGood! (1)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- Madonna Hospitalized in the ICU With “Serious Bacterial Infection”
- College student falls hundreds of feet to his death while climbing Oregon mountain with his girlfriend
- Plans to Reopen St. Croix’s Limetree Refinery Have Analysts Surprised and Residents Concerned
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Judge rules Fox hosts' claims about Dominion were false, says trial can proceed
- What the bonkers bond market means for you
- Yang Bing-Yi, patriarch of Taiwan's soup dumpling empire, has died
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Medical bills can cause a financial crisis. Here's how to negotiate them
Ranking
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Binance lawsuit, bank failures and oil drilling
- Will Biden Be Forced to Give Up What Some Say is His Best Shot at Tackling Climate Change?
- Photo of Connecticut McDonald's $18 Big Mac meal sparks debate online
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Discover These 16 Indiana Jones Gifts in This Treasure-Filled Guide
- A judge sided with publishers in a lawsuit over the Internet Archive's online library
- A Colorado Home Wins the Solar Decathlon, But Still Helps Cook the Planet
Recommendation
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
College student falls hundreds of feet to his death while climbing Oregon mountain with his girlfriend
Las Vegas police seize computers, photographs from home in connection with Tupac's murder
Hurry! Everlane’s 60% Off Sale Ends Tonight! Don’t Miss Out on These Summer Deals
What do we know about the mysterious drones reported flying over New Jersey?
Blood, oil, and the Osage Nation: The battle over headrights
Inside Clean Energy: Arizona’s Energy Plan Unravels
For the First Time, a Harvard Study Links Air Pollution From Fracking to Early Deaths Among Nearby Residents