Business news from Ukraine

Business news from Ukraine

European Commission intends to extend ban on Ukrainian grain to adjacent five countries

The European Commission may extend for another two months the embargo on imports of Ukrainian grain, including wheat, corn, rapeseed and sunflower seeds, to Poland, Hungary, Romania, Slovakia and Bulgaria.

A source close to the negotiations told Interfax-Ukraine on Wednesday in Brussels.

As you know, a meeting of the coordination platform is taking place in Brussels on Wednesday with the participation of the countries concerned.

“It is proposed to extend the ban on imports of Ukrainian grain for two months. It is not yet known when the official decision will be made,” he said.

At the same time, the deadline for the ban on Ukrainian grain imports expires on September 15.

As you know, in May 2022, the EU decided to suspend import duties, quotas and trade remedies on Ukrainian exports to the European Union – known as autonomous trade measures – to help alleviate the difficulties faced by Ukrainian producers and exporters after the Russian invasion. At the same time, following logistical problems in Bulgaria, Hungary, Poland, Romania, and Slovakia caused by imports of wheat, corn, rapeseed, and sunflower seeds originating in Ukraine, exceptional and preventive measures on their imports came into force on May 2, 2023, and were extended on June 5.

A day earlier, on September 12, European Commissioner for Agriculture Janusz Wojciechowski spoke in the European Parliament about the need to maintain the ban on imports of wheat, corn, rapeseed and sunflower seeds from Ukraine to Bulgaria, Hungary, Poland, Romania and Slovakia. According to him, this decision has proved to be effective and should be extended after September 15 with the simultaneous expansion of the Solidarity Roads for the transit of these Ukrainian products. “We have found a solution that, firstly, stabilized the market in these (five) countries, and, secondly, allowed us to increase transit from 2.9 million tons before the ban from Ukraine to 3.2 million tons after the ban was introduced,” he said.

According to the EC, 44 million tons of agricultural products have already been transported from Ukraine via the road and rail “Solidarity Roads” of these countries, and according to current forecasts for this marketing year 2023-2024, Ukraine needs to export 56 million tons of grain, or 4.7 million tons on average per month. “The Black Sea is blocked, and no one knows if it will be unblocked by Russia. Russia knows what it is doing in this regard, what criminal activities it is conducting, and it is using food as a weapon. But we are able to help Ukraine export these 4.7 million tons by land through the Solidarity Corridors. We just need to improve and expand these corridors,” the European Commissioner emphasized.

Wojciechowski mentioned Baltic ports as new routes: Lithuania, Klaipeda, Riga, and the ports of the Adriatic, as Romania is practically unable to increase transit.

, ,

Poland informs the European Commission of unilateral measures to extend the embargo on grain supplies from Ukraine

On Tuesday, Warsaw informed the European Commission (EC) of its decision to unilaterally extend the embargo on grain imports from Ukraine to Poland if such measures are not adopted in Brussels, Polish radio reports.

“At the end of the government meeting, the Prime Minister’s Office informed that the Cabinet of Ministers called on the EC to extend the ban on grain imports from Ukraine, which expires on September 15,” the radio reports.

“Otherwise, Poland will impose such a ban on its own at the state level,” the report says.

“The government has decided to extend the ban on the supply of Ukrainian grain to Poland,” Polish Agriculture Minister Robert Telus said on Polish television earlier on Tuesday. – “This will benefit farmers, the Polish economy and European solidarity.

Polish television reminds that the ban on grain imports from Ukraine to the five frontline EU countries that are neighbors of Ukraine – Poland, Bulgaria, Hungary, Romania and Slovakia – is in effect until Friday. All of these countries have sent a request to the EU leadership to extend the embargo until the end of the year. No decision on this issue has been made yet.

The European Commission has banned imports of wheat, corn, rapeseed and sunflower seeds originating in Ukraine to Bulgaria, Hungary, Poland, Romania and Slovakia since May 2. On June 5, it was decided to extend these measures until September 15.

Brussels then stated that these “exceptional and temporary preventive measures” are necessary due to overcrowding in warehouses and difficulties due to the existing serious bottlenecks in logistics faced by these countries.

The European Commission also reported that the transit of these goods through these five frontline countries to the EU or other countries outside the EU remains possible.

, , ,

European Commission reaches agreement in principle with 5 countries on export of agricultural products from Ukraine

European Commission Executive Vice President Valdis Dombrovskis says the European Commission has reached agreements in principle with Bulgaria, Hungary, Poland, Romania and Slovakia on the export of Ukrainian agricultural products.
“There are agreements,” he wrote in capital letters on his Twitter page Friday.
Dombrovskis said the European Commission reached “an agreement in principle with Bulgaria, Hungary, Poland, Romania and Slovakia regarding Ukrainian agri-food products.” “Together with Janusz Wojciechowski (European Commissioner for Agriculture) we have taken measures to solve the problems of both farmers in neighboring EU countries and in Ukraine,” he wrote.
The Vice President also named the key elements of the deal, which were also agreed with Ukraine. These elements include the removal of unilateral measures by Poland, Slovakia, Bulgaria and Hungary. Then there are “exceptional safeguard measures for 4 products: wheat, corn, rapeseed, sunflower seeds and a support package of 100 million euros for affected farmers in 5 member states.
In addition, Dombrovskis reported on the investigation of some other products, including sunflower oil.

, ,

European Commission launches new program to help municipalities rebuild Ukraine

The European Commission is launching a new European Bauhaus capacity building program to assist municipalities in the reconstruction and rehabilitation of Ukraine.
The European Commission said Thursday that the decision follows several events, including a meeting between Commission members and the Ukrainian government in Kiev on February 2, the EU-Ukraine summit on February 3, and the visit of European Commissioner Virginius Sinkevicius to Kiev on February 16-17.
“The program will be launched in the afternoon during a high-level meeting with Commissioner Virginijus Sinkevičius. The capacity building initiative aims to inspire and provide practical assistance to municipalities involved in the reconstruction and rehabilitation of Ukraine,” the European Commission explained the essence of the initiative.
It is also reported that the program is organized by and with Ukrainian partners, such as Ro3kvit, ReThink, Covenant of Mayors East and the Council of Architects Europe. The president of the European Commission, Ursula von der Leyen, and commissioners Maria Gabriel and Elisa Ferreira will take part in the event through a video address.
Commenting on the event, European Commission President Ursula von der Leyen said: “We will rebuild Ukraine. We must, and we will. The reconstruction that Ukraine deserves should be done in the spirit of the New European Bauhaus (NEB). Urban planners, architects, engineers are involved in the project, and the concept of the NEB will inspire them. Our vision is to turn the destruction of war into opportunities to build a beautiful and healthy future for Ukraine.

,

President of Ukraine discusses with von der Leyyen progress in implementing recommendations of European Commission

President of Ukraine Volodymyr Zelenskyy has discussed with President of the European Commission Ursula von der Leyen progress in Ukraine’s implementation of the recommendations of the European Commission.
During a call with von der Leyen we condemned today’s Russia’s missile attacks. Welcomed new package of sanctions and agreed on further pressure on Russian aggressor,” he said on Twitter Thursday.

, ,

European Commission proposes to introduce new package of sanctions against Russia

The European Commission on Wednesday proposed to introduce another – ninth – package of sanctions against Russia, which should include a ban on transactions with three Russian banks and other measures.
According to a statement from EC Chairwoman Ursula von der Leyen, the EU executive body proposes as part of the new package of measures to include about 200 more individuals in the sanctions lists, to introduce a ban on transactions with three Russian banks, including the All-Russian Bank of Regions Development, as well as the broadcasting of four Russian media channels.
Von der Leyen’s proposals also include a ban on the export of unmanned aerial vehicles to Russia. In addition, the EC wants to impose new export restrictions, in particular on dual-use goods – “key chemicals, neuroparalytic substances, electronics and IT components.

, ,