EU Continues Restrictions on Ukrainian Grain Imports
The European Commission has extended until September 15th the arrangement allowing five of Ukraine's EU neighbours to restrict imports of Ukrainian grain. The restrictions, which were designed to ease excess supply, were due to expire on Monday. The five countries had sought an extension, complaining cheaper Ukrainian grain was making domestic production unprofitable. The EU liberalised all imports from Ukraine for an initial 12 months from June 2022 to help Kyiv's efforts to fend off Russia's invasion.