Trade4go Summary
The European Commission is planning to significantly reduce sugar imports from Ukraine, in response to complaints from EU producers that these imports have led to a drop in local sugar prices and negatively affected their market. The reduction is part of a larger issue where the EU has faced challenges over imports from Ukraine since lifting tariffs on its agricultural products following the start of the war. The EU's Agriculture Commissioner, Christoph Hansen, announced the plan during a meeting in Paris, without disclosing the exact cut in imports. He also mentioned that the EU would address other imports from Ukraine, such as grain.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The European Commission plans to sharply cut imports of Ukrainian sugar after EU producers complained that large supplies had caused sugar prices to plummet, Reuters reported. Sugar imports from Ukraine are part of a larger dilemma the EU has faced over the past three years. Brussels initially granted free access to its agricultural markets as part of its support after the outbreak of a full-scale war, but protests by EU farmers led to a reduction in support. EU farmers say imports from Ukraine have undermined local supplies, pushing down prices and making it harder for them to sell. Reuters sources said the EU's Agriculture Commissioner, Christoph Hansen, announced the plan to cut sugar imports during a meeting with leaders of French farmers' unions and industry representatives at the Paris Agricultural Show in late February. Hansen did not say how much imports could be cut, but said they would be "significantly lower" than current levels. He added that he would address other ...