Would you like to receive notifications on latest updates of the following headlines?

Hungary Snubs Eu, Extends Restrictions On Ukrainian Grain

POSTED ON November 8, 2023 •   GLOBAL NEWS      BY Segun Adewole
Defying a recent decision by the European Commission, Hungary's government declared on Friday that it would persist with restrictions on Ukrainian grain imports. This decision represents an expansion of the initial limitations imposed on Ukrainian products. Agriculture Minister Istvan Nagy conveyed Hungary's stance, announcing, "Hungary is going to close its borders to 24 Ukrainian products," a substantial increase from the previous count of four restricted items. Minister Nagy justified this action by citing the need to safeguard the interests of Hungary's farmers. The European Commission had previously taken steps to end the import ban on Ukrainian products, emphasizing the importance of maintaining open and fair trade within the European Union. Hungary's refusal to comply with this directive highlights the country's commitment to protecting its domestic agricultural sector. This development could potentially strain relations between Hungary and the EU, as it underscores Hungary's independent approach to trade policy within the bloc. The decision also brings to the forefront broader discussions about trade dynamics and national interests within the European Union. The expansion of restrictions on Ukrainian grain products has the potential to impact trade flows and could have economic implications for both Hungary and Ukraine. Additionally, it raises questions about the EU's ability to enforce a unified trade policy among member states. As Hungary moves forward with its decision to maintain these restrictions, it will be essential to watch how this issue unfolds within the context of EU regulations and the broader implications it may have on trade relations within the European Union.
0
READ ALSO
Nation Mourns: Tears Flow at the Funeral of Former President Muhammadu Buhari
BY Abiodun Saheed Omodara July 16, 2025 0

Tears streamed down faces at the funeral for the late former president, Muhammadu Buhari, as his bod...

READ ALSO
SERAP files Lawsuit against NNPCL over Missing $2.5bn, N825bn for Refinery Rehabilitation
BY Abiodun Saheed Omodara July 13, 2025 0

SERAP files lawsuit against NNPCL over missing $2.5bn and N825bn earmarked for refinery rehabilitati...

READ ALSO
Accord Party Calls for Abolishment of State Electoral Commissions to Restore Election Integrity
BY Abiodun Saheed Omodara July 13, 2025 0

The Accord Party has emphasized the necessity for the National Assembly to eliminate the State Indep...

READ ALSO
Tinubu Returns to Abuja after Successful Diplomatic Missions in Saint Lucia and Brazil
BY Abiodun Saheed Omodara July 13, 2025 0

ABUJA, Nigeria - President Bola Tinubu returned to Abuja late Saturday following official trips to S...

READ ALSO
Nigerian Man Sentenced to 11 Years for $1.3 Million COVID-19 Fraud
BY Abiodun Saheed Omodara July 12, 2025 0

A Nigerian man residing in the San Gabriel Valley, Abiola Femi Quadri, received a sentence of 135 mo...

READ ALSO
Nigeria Customs Seizes 40-Foot Container of Donkey Genitals in Major Wildlife Trafficking Bust
BY Abiodun Saheed Omodara July 11, 2025 0

Operatives from the Nigeria Customs Service have seized a 40-foot container filled with donkey genit...

READ ALSO
Trump Hosts African Leaders at the White House to Explore Business Opportunities
BY Abiodun Saheed Omodara July 10, 2025 0

United States President Donald Trump On Wednesday, welcomed the Presidents of Gabon, Guinea-Bissau,...

READ ALSO
Police Enforce Total Vehicle Ban on Election Day to Ensure Safety
BY Abiodun Saheed Omodara July 10, 2025 0

LAGOS, Nigeria - Ahead of the local government elections set for Saturday, July 12, 2025, the Lagos...

OUR CHANNELS:

FG Partners CILSS to Enhance Food and Nutrition Safety in Nigeria
BY Abiodun Saheed Omodara July 17, 2025 0

The Federal Government is intensifying its initiatives to improve food and nutrition safety through...


Awujale's Burial Liberation for Yoruba Traditional Institution - Oluwo of Iwo
BY Abiodun Saheed Omodara July 16, 2025 0

The Oluwo of Iwo, Oba Abdulrosheed Akanbi, has referred to the burial of the late Awujale of Ijebula...


Dangote Aims to Cut Cooking Gas Prices, Plans Direct Sales to Consumers
BY Abiodun Saheed Omodara July 17, 2025 0

President of the Dangote Group, Alhaji Aliko Dangote,  has revealed intentions to lower th...


Meta Cracks Down on Fake Profiles: Over 10 Million Accounts Removed
BY Abiodun Saheed Omodara July 17, 2025 0

Meta, the parent organization of Facebook, has intensified its initiatives to enhance the platform's...


Nation Mourns: Tears Flow at the Funeral of Former President Muhammadu Buhari
BY Abiodun Saheed Omodara July 17, 2025 0

Tears streamed down faces at the funeral for the late former president, Muhammadu Buhari, as his bod...


Oyo Speaker Advocate Creation of State Police amidst 700,000 Lives Lost to Insecurity
BY Abiodun Saheed Omodara July 17, 2025 0

The Speaker of the Oyo State House of Assembly, Adebo Ogundoyin, has advocated for the creation of s...


Police kill six suspected kidnappers in Delta
BY Abiodun Saheed Omodara July 17, 2025 0

The Delta Police Command reports that six kidnapping suspects have been eliminated in the state.&nbs...


US-Nigeria Trade Relations Face Significant Decline Amid New Tariffs
BY Abiodun Saheed Omodara July 17, 2025 0

The trade ties between the United States and Nigeria have encountered a notable decline, with offici...


President Tinubu Leads Tributes for Buhari and Oba Adetona
BY Abiodun Saheed Omodara July 16, 2025 0

President Bola Tinubu has guided countless Nigerians in grieving the loss of his predecessor, Muhamm...


Buhari Dies in London after Brief Illness
BY Abiodun Saheed Omodara July 14, 2025 0

Nigeria’s immediate past president, Muhammadu Buhari, has died in London. Buhari died on Sund...


More Articles

Load more...

Menu