Bulgaria will lift the ban on Ukrainian agricultural imports

Bulgaria’s national ban on some goods coming from Ukraine will be lifted after the entry into force of the EU on market stabilization agreed at the end of April. This was reported by the press service of the Cabinet of Ministers of Bulgaria, writes Euractiv.

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Due to the fact that Poland, Hungary, Bulgaria, Romania and Slovakia banned Ukrainian products to protect local markets from the influx of Ukrainian agricultural products, the European Commission proposed a number of measures to stabilize the market at the meeting of the EU Council on Agriculture on April 25.

The government added that Bulgaria will lift its ban from the date the EU measures come into force.

EU measures include a second financial package to support farmers from the most affected countries in the amount of 100 million euros and the activation of emergency protective measures in accordance with the current Regulation on autonomous trade measures for four products (wheat, rapeseed, sunflower and corn), the import of which from Ukraine is temporarily forbidden

The European Commission will also carry out regular monitoring of other goods, and in the event of an upset on the market, it will implement protective mechanisms. She will also take measures to improve logistics and transit of goods from Ukraine.

Let’s remind

The Ministry of Finance wrote that on April 19, the Bulgarian government banned the import of more than 20 goods from Ukraine for two months, including wheat, wheat flour, sunflower, sunflower oil, corn, honey and beekeeping products, raw and dry milk, walnuts, hazelnuts, eggs, chicken meat, pork, sheep and goat meat, rye, barley, wine, ethyl alcohol.

Concerned that its market will be oversaturated with grain crops, Bulgaria followed the example of Poland, Hungary and Slovakia, commented the then Minister of Agriculture Yavor Gechev.

Bulgaria received 16 million euros in compensation from the EU for allowing Ukrainian grain and food products to be exported through its territory.

The country asked for another 50 million euros, although Bulgarian grain producers receive hundreds of millions of euros in direct European subsidies.

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Source: Ministry of Finance

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