Ukraine's Grain Exports Face Bans and Plummeting Demand.

1 min read
Source: The Associated Press
Ukraine's Grain Exports Face Bans and Plummeting Demand.
Photo: The Associated Press
TL;DR Summary

Hungary has temporarily banned the import of honey, meat, and 25 other Ukrainian products, including grains, oil seeds, flour, and cooking oil until June 30, to relieve market pressures on Hungarian farmers. The government will also monitor shipments of those products coming from third countries to ensure they aren't from Ukraine. Hungary's move follows similar steps taken by Poland, Slovakia, and Bulgaria, which argue that their agricultural sectors have been hurt after the EU lifted duties on Ukrainian grain to ease exports when Russia's war choked off shipments through traditional routes.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

2 min

vs 3 min read

Condensed

80%

44691 words

Want the full story? Read the original article

Read on The Associated Press