Independent journal on economy and transport policy
12:42 GMT+2
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European agri-food organisations are concerned about the effects of the exponential increase in maritime transport costs
The long-term competitiveness of the EU agri-food chain is threatened
September 29, 2021
"Today - explained CELCAA, Copa-Cogeca and FoodDrinkEurope in the letter - the lack of ability to transport leads to cost increases that cannot be absorbed by European distributors bound by long-term contracts term. For many, the current high cost of shipping in containers can have fatal outcomes, leading to the risk of failure. As the leading exporter of agri-food products (which represent in 2020 a value of 184.3 billion euros) is the EU's reputation as a trading partner is also at stake reliable'.
The three organizations highlighted the negative impact that this situation will probably have on competitiveness long-term EU agri-food chain.
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