President Volodymyr Zelenskyy on Monday said that the extension of an EU ban on Ukrainian grain imports to five countries past its mid-September deadline would be “unacceptable”.
Five central European countries plan to request an extension at a meeting of the EU's 27 agriculture ministers in Brussels on Tuesday.
“Our position is clear: blocking (Ukrainian) exports by land after September 15, when the relevant restrictions expire, is unacceptable in any form,” said Mr Zelenskyy on the Telegram messaging app.
Introduced in May, the ban enforced by Poland, Bulgarian, Hungary, Slovakia and Romania on imports of Ukrainian wheat, maize, rapeseed and sunflower oil has led to tensions with Kyiv.
The EU Council's agenda states that a Polish delegation on Tuesday will inform ministers on behalf of the five countries of the “continuing difficult situation on agricultural markets.”
Ministers will also discuss the countries' request to extend “EU preventive measures for certain products originating in Ukraine beyond September 15".
The five agriculture ministers agreed during a previous meeting in Warsaw on a joint position ahead of Tuesday's meeting.
Polish minister Robert Telus said the ban has had an “unexpectedly good effect” by allowing more Ukrainian grain through his country on its way to other markets instead of being sold in Poland.
Cheap Ukrainian cereals have driven down prices for local agricultural products, triggering protests at a particularly sensitive time for Poland, where a parliamentary election is scheduled for later this year.
Poland has assumed leadership in the talks between the five countries and the EU.
But discussions about the ban’s renewal come at a highly sensitive time for Ukraine.
Russia last week withdrew from a UN-Turkey brokered agreement that had allowed Ukrainian grain exports via the Black Sea. Russia has since stepped up its attacks on Ukrainian port and grain infrastructure, pushing up global prices.
Ukraine’s Prime Minister Denys Shmyhal last week described Poland’s ban on his country’s agricultural products as an “unfriendly and populist move that will severely impact global food security and Ukraine’s economy”.
In a call with European Commission President Ursula von der Leyen a day after his critical tweet, Mr Shmyhal said Kyiv had agreed with the commission to simplify procedures and develop new border crossing points and transport routes.
The commission is holding intense discussions behind closed doors with Ukraine, Moldova and the five Eastern European countries described in EU circles as “front-line” states because many of them share borders with Ukraine.
It is “working very intensively with the five front-line members states, Ukraine and Moldova to solve logistical problems and increase the capacity of the solidarity lanes”, European Commission spokeswoman for agriculture Miriam Garcia Ferrer told The National.
The so-called “solidarity lanes” were set up by the commission three months after Russia’s invasion of Ukraine last year to help Kyiv export its agricultural produce through land borders with Poland and Romania.
Ms Garcia Ferrer declined to comment on whether the commission supported the front-line states’ request to extend the ban.
The states have argued that the solidarity lanes must work more effectively in light of Russia pulling out of the UN grain deal.
“We must do everything possible to ensure that Ukrainian production ends up on traditional markets with regards not only to the balance of the EU internal market, but also to global food security,” a Slovak diplomat told The National.
“The non-extension of the Black Sea Grain Initiative will undoubtedly complicate the situation even further,” they said.
Bratislava expects a 12 per cent increase in its own grain harvest but fears that its farmers will face difficulties selling it “due to the overfull storage capacities for this time of year after struggling with selling last years' production,” the Slovak diplomat added.
Some nations have warned they would introduce protective measures whatever the commission's response.
Hungarian Minister of Agriculture Istvan Nagy last week said “if the EU does not extend the ban after 15 September, Hungary will put in place its tools to protect farmers”.
Mr Telus has said he sees “no substantive argument” for the ban to expire mid-September.
With the exception of Hungary, which has repeatedly slowed down negotiations in Brussels aimed at sending financial and military support to Ukraine, the front-line nations include some of Kyiv’s strongest military backers.
In March, Poland and Slovakia became the first Nato countries to send MiG-29 fighter jets to Ukraine.
A recently sworn-in Bulgarian government last month said it would send about 100 armoured personnel carriers to Kyiv.
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Bareilly Ki Barfi
Directed by: Ashwiny Iyer Tiwari
Starring: Kriti Sanon, Ayushmann Khurrana, Rajkummar Rao
Three and a half stars
More from Rashmee Roshan Lall
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Reading List
Practitioners of mindful eating recommend the following books to get you started:
Savor: Mindful Eating, Mindful Life by Thich Nhat Hanh and Dr Lilian Cheung
How to Eat by Thich Nhat Hanh
The Mindful Diet by Dr Ruth Wolever
Mindful Eating by Dr Jan Bays
How to Raise a Mindful Eaterby Maryann Jacobsen
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
Bio
Born in Dubai in 1994
Her father is a retired Emirati police officer and her mother is originally from Kuwait
She Graduated from the American University of Sharjah in 2015 and is currently working on her Masters in Communication from the University of Sharjah.
Her favourite film is Pacific Rim, directed by Guillermo del Toro
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
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More coverage from the Future Forum
Company Profile
Founder: Omar Onsi
Launched: 2018
Employees: 35
Financing stage: Seed round ($12 million)
Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners
hall of shame
SUNDERLAND 2002-03
No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.
SUNDERLAND 2005-06
Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.
HUDDERSFIELD 2018-19
Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.
ASTON VILLA 2015-16
Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.
FULHAM 2018-19
Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.
LA LIGA: Sporting Gijon, 13 points in 1997-98.
BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66
Profile
Co-founders of the company: Vilhelm Hedberg and Ravi Bhusari
Launch year: In 2016 ekar launched and signed an agreement with Etihad Airways in Abu Dhabi. In January 2017 ekar launched in Dubai in a partnership with the RTA.
Number of employees: Over 50
Financing stage: Series B currently being finalised
Investors: Series A - Audacia Capital
Sector of operation: Transport
The specs
Engine: 3.0-litre 6-cyl turbo
Power: 374hp at 5,500-6,500rpm
Torque: 500Nm from 1,900-5,000rpm
Transmission: 8-speed auto
Fuel consumption: 8.5L/100km
Price: from Dh285,000
On sale: from January 2022
RESULT
Fifth ODI, at Headingley
England 351/9
Pakistan 297
England win by 54 runs (win series 4-0)
Another way to earn air miles
In addition to the Emirates and Etihad programmes, there is the Air Miles Middle East card, which offers members the ability to choose any airline, has no black-out dates and no restrictions on seat availability. Air Miles is linked up to HSBC credit cards and can also be earned through retail partners such as Spinneys, Sharaf DG and The Toy Store.
An Emirates Dubai-London round-trip ticket costs 180,000 miles on the Air Miles website. But customers earn these ‘miles’ at a much faster rate than airline miles. Adidas offers two air miles per Dh1 spent. Air Miles has partnerships with websites as well, so booking.com and agoda.com offer three miles per Dh1 spent.
“If you use your HSBC credit card when shopping at our partners, you are able to earn Air Miles twice which will mean you can get that flight reward faster and for less spend,” says Paul Lacey, the managing director for Europe, Middle East and India for Aimia, which owns and operates Air Miles Middle East.
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Building boom turning to bust as Turkey's economy slows
Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.
Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.
The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.
After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.
The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.
The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.
But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.
It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.