The European Union is not yet ready to review the volume of quotas for Ukrainian agricultural products, but Ukraine will continue the dialogue on expanding them, particularly with regard to bioethanol, said Minister of Agrarian Policy and Food Taras Vysotsky at a briefing on Thursday.
“The current socio-political situation in the EU does not allow for a review of agricultural product quotas in any category. We will nevertheless continue the dialogue and make our case for what is important,” he said.
According to the minister, one of the areas where Ukraine considers it appropriate to review the quota is bioethanol. Among his arguments, he cited the reduction in EU corn production for bioethanol to about 15 million metric tons and the European Union’s continued imports of corn.
“Essentially, increasing the quota is really just a way to allow the export of bioethanol, which will then be re-exported to Ukraine,” Vysotsky noted.
The head of the Ministry of Agrarian Policy added that Ukraine imports gasoline from the EU that contains about 7% bioethanol.
“We are requesting a quota to export approximately the same amount of bioethanol that Ukraine already imports as part of fuel—in gasoline from the European Union—plus 60,000 metric tons,” the minister explained.
