France supported Poland’s calls to restrict the export of agricultural products from Ukraine to the EU. According to EC estimates, this will cost Ukraine €1.2B in trade revenues. France also threatens to disrupt negotiations on continuing Kyiv’s free trade with the EU.
The position proposed by France and Poland is designed to appease farmers who are protesting, particularly against the supply of cheap food from Ukraine and complex bureaucratic procedures.
At the same time, analysts at the Institute of Public Finance (IPF) in Poland refuted the statement that the import of Ukrainian agricultural products to the country is a decisive factor affecting the Polish farmers’ situation. They also refuted the widespread opinion that the embargo on imports from Ukraine can significantly affect the stability of prices in the agricultural market.
Experts emphasize that prices are formed by the conditions of the single agricultural market of the EU and depend on many factors, including the global situation.