Skip to content

European Commission mulls cutting Ukrainian sugar imports after sharp drop in sugar prices, sources say

Photo by Spencer Scott Pugh / Unsplash

The European Commission (EC) is considering cutting Ukrainian sugar imports following complaints from EU producers that shipments from Ukraine have driven down prices and hurt sales, three unnamed sources told Reuters.

EU Agriculture Commissioner Christophe Hansen signaled plans to reduce sugar imports "well below" current levels during a February meeting in Paris with the leaders of French farm unions and industry representatives, though he did not specify by how much, the sources said.

This post is for subscribers only

Subscribe

Already have an account? Sign In

Latest

How Ukraine's battery storage projects became financeable during the war

How Ukraine's battery storage projects became financeable during the war

Ukraine's battery storage projects are attracting growing investment as long-term revenue contracts and financial guarantees make them increasingly viable despite wartime risks, according to an analysis by Bankers without Boundaries (BwB). Now, a financing model is emerging for a sector that barely existed in Ukraine before Russia&

Members Public
Study urges Ukraine to ease municipal borrowing rules to unlock reconstruction investment

Study urges Ukraine to ease municipal borrowing rules to unlock reconstruction investment

Ukraine could unlock a new source of reconstruction financing by easing restrictions on municipal bonds and introducing guarantees to attract domestic investors, according to an academic study. The country's centralised borrowing rules prevent local governments from fully using domestic capital markets to finance infrastructure, the study argues. It

Members Public