EU considers subsidizing transportation of Ukrainian grain

The European Commission is considering subsidizing the transportation of Ukrainian grain through its member states after several countries banned its imports.

According to Bloomberg, the issue of supporting the cost of transit of Ukrainian grain is being discussed at meetings of representatives of Poland, Hungary, Slovakia, Romania and Bulgaria, as well as the executive authorities of the EU and Ukraine.

The estimated cost of subsidies could be around 30 euros per ton of grain.

Earlier this year, five EU member states bordering Ukraine imposed a temporary ban on the sale of Ukrainian grain until mid-September due to growing complaints from local farmers about the impact on their businesses.

The five countries are seeking to ensure that potential subsidies are accompanied by a decision to extend the ban until the end of 2023. The current rules do not apply to goods in transit through their territory.

Earlier it was reported that the United States is negotiating with Turkey, Ukraine and a number of its neighbors to expand the use of alternative export routes for Ukrainian grain.

Tags: grain, EU, logistics, Ukraine, export