Gov't Issues Decree on Ukrainian Grain Ban
Image by Shutterstock.com
Hungary's government has issued a decree temporarily banning imports of Ukrainian grain and other farm products in the latest issue of the official gazette Magyar Közlöny.
The decree, in force from Wednesday, bans imports of grain, oilseed, eggs, honey, poultry, pork, beef, vegetables, and bread from Ukraine until June 30.
The government states in the decree that a European Union exemption of Ukrainian farm products from customs duties and quotas intended to expedite exports to countries in the Middle East and Africa has left a "significant share" of those deliveries at "dumping prices" in member states, causing "serious disruptions" on the internal market.
The situation requires bringing measures to defend the farming sector and consumers "to a new level", similar to actions taken by a number of other member states in the CEE region. The decree notes that Poland introduced an import ban on certain Ukrainian farm products on April 15 and Slovakia has started to restrict the use of Ukrainian grain.
The government says in the decree that the temporary effect of the ban should allow sufficient time to "rethink" the operation of "solidarity corridors" for Ukrainian farm products.
The decree requires shipments of the banned products bound for destinations outside of Hungary to be sealed and tracked using the Ekáer electronic oversight system.
Violators may be fined up to 100% of the net value of their shipment.
In a written response sent on Wednesday to a joint letter from the leaders of Hungary, Poland, Slovakia, Bulgaria, and Romania, European Commission President Ursula von der Leyen acknowledged concerns over increased farm imports from Ukraine but said a "common European approach" is needed. She said the EC is drafting another financial support package, worth EUR 100 million, for affected farmers.
Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti...
Hungary to Address Future of Cohesion Policy During EU Presi...
AI may Save Hungarian Healthcare, Says Leading Doctor
Time Out Market to Open in Budapest Next Year
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
