Czech Republic agrees on a system of collateral for imports of agricultural products from Ukraine

Representatives of Czech political parties, including the opposition, together with the Agrarian Chamber agreed on the possibility of introducing refundable deposits on agricultural products imported from Ukraine to the EU. This was reported by Radio Prague International.

The deposit will be returned to importers if the grain is shipped from the EU to third countries. According to the Agricultural Chamber, this could solve the problem when “imports of agricultural products from Ukraine reduce the competitiveness of Czech farmers.”

The EU will negotiate a new form of agreement on the export of Ukrainian grain to the European market by the middle of this year.

The Agrarian Chamber believes that because Ukrainian agricultural producers are not required to comply with European environmental standards, local farmers are at a disadvantage compared to them.

Tags: Ukraine, grain, agricultural products, Czech Republic, restrictions