Hungary bans imports of agricultural products from Ukraine
Hungary has temporarily banned imports of grains, oilseeds and some other agricultural products from Ukraine.
This was reported by 24.hu with reference to the Minister of Agriculture Istvan Nagy.
“The government is committed to representing the interests of Hungarian farmers, and in the absence of effective measures from the European Union, it, like Poland, will temporarily ban the import of grains and oilseeds from Ukraine and some other agricultural products to Hungary,” Istvan Nagy said.
According to him, this restriction will last until June 30, 2023. During this time, the European Union will be able to find a solution to the current situation, as the continuation of current market trends will cause serious damage to Hungarian agriculture. According to Nagy, Ukrainian agriculture, which operates with production practices that are no longer allowed in the EU and, as a result, with extremely low production costs, has started exporting large quantities of poultry, eggs and honey to the European market, in addition to grains and oilseeds. This made it impossible for Hungarian and Central European farmers to sell their products.
Read also
Chinese imports of soybeans from the US in August increased by 70%
Sugar’s Biggest Jump Since 2008 Is a Fresh Threat to Food Prices
Oilseed Industry. Leaders and Strategies in the Times of a Great Change
Export prices for Ukrainian wheat are rising, although stock prices fell by 4% ove...
Kazakhstan intends to replace Russia on the EU grain market
Write to us
Our manager will contact you soon