The European Commission will subsidize the transportation of Ukrainian food but will extend the embargo.

Tuesday, August 22, 2023
The European Commission will subsidize the transportation of Ukrainian food but will extend the embargo.

As Bloomberg writes, this issue is being discussed in meetings of representatives from Poland, Hungary, Slovakia, Romania, and Bulgaria, and executives from the EU and Ukraine. The approximate cost of grain transportation is about €30 per ton. This information was confirmed by the European Commissioner for Agriculture, Janusz Wojciechowski.

However, he believes that in addition to subsidizing, it is still worth extending the grain embargo in five countries until the end of the year. Wojciechowski proposes that the EU finance, as part of its aid to Ukraine, grain transportation to ports from where it will be sent to Africa and Asia.

The official added that Ukraine should export about four million tons of grain monthly. The EU can do this, but “it needs funds”. “If the Black Sea were open, there would be no export pressure on Poland. In the blockade conditions, it is necessary to find alternative routes,” Wojciechowski summarized.

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