Tariffs on Ukrainian agricultural imports may need to be reintroduced if an influx of products that is pushing down prices in EU markets cannot be stopped by other means, several prime ministers of eastern states said. In a letter to the European Commission, the leaders of Poland, Hungary, Romania, Bulgaria, and Slovakia said the scale of the increase of products including grains, oilseeds, eggs, poultry, and sugar had been "unprecedented." Ukraine, one of the world's largest grain exporters, had its Black Sea ports blocked following Russia's February 2022 invasion and found alternative shipping routes through EU states Poland and Romania. To read the original story by Reuters, click here.
EU May Need To Reintroduce Tariffs On Ukrainian Grain, PMs Say
Ukraine, one of the world's largest grain exporters, had its Black Sea ports blocked following Russia's February 2022 invasion and found alternative shipping routes through EU states Poland and Romania.