“Solidarity corridors” allow Ukraine to export more than 108 million tons of goods and import 38 million tons of other products for a total of 123 billion euros.
The European Commission does not see any serious negative consequences for European markets from agricultural imports from Ukraine. This was discussed at a meeting of the European Parliament Committee on Agriculture and Development in Brussels, Ukrinform reported on Wednesday, November 29.
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“We monitor volumes, we monitor price developments, import prices at national level as well as prices at EU level, and we publish a monitoring report every two months. So for now we do not see any massive negative impact on the EU agricultural market,” – said the spokesperson on this topic, Pierre Bascou, Director for Sustainable Development and Income Support in the Directorate General for Agriculture of the European Commission.
He noted that the EC is working to build “solidarity corridors” and reduce travel costs. He wants “Ukraine to continue to contribute to global food security and to continue exporting its products to the EU, as well as beyond its borders,” Bascu said.
MEPs recalled that the “solidarity corridors” have been a lifesaver for the Ukrainian economy and allow the export of more than 108 million tons of goods and the import of 38 million tons of other products for a total of 123 billion euros. These volumes increased significantly after the opening of the Black Sea route.
At the same time, the vice-president of the agricultural committee, Mazali Aguilar, said that the ports of Spain are overflowing with grain not only from Ukraine, but also from Russia, at incredibly low prices.
“With such import pressure, they cannot continue to operate. Obviously, we must show our solidarity with Ukraine, but not at the expense of our grain producers,” he said, calling on the commission to act to stop the European grain producers from going bankrupt.
“We want to see Ukraine as a member of the EU in the future. It is a major producer,” said committee member Martin Heusling. But, according to him, a long-term plan is needed that balances the protection of European producers and aid to Ukraine: “We don’t expect the war to end in three months, we have to get used to this situation.”
Let’s remember that in October, Ukraine exported 4.8 million tons of agricultural products, which is 15% more than in September. Exports of corn and soybeans have increased, the harvest of which is then actively continuing.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.