The Council of the European Union has adopted new tariffs focusing on agricultural merchandise and fertilisers from Russia and Belarus that weren’t beforehand topic to further duties.

Supply: press service for the Council, as reported by European Pravda

Particulars: The measures purpose to minimize European nations' reliance on imports from Belarus and Russia, in addition to to chop down on Moscow's price range and its capability to fund its warfare in opposition to Ukraine. Moreover, it has the potential to spice up EU output.

"The implementation of those tariffs shall be carefully monitored to make sure that the EU fertiliser business and farmers are protected. The tariff will increase on fertilisers will happen steadily, over a transition interval of three years," the EU Council said.

With the entry into pressure of those modifications on 1 July 2025, EU tariffs will apply to all agricultural merchandise from Russia.

The classes topic to the brand new tariffs cowl about 15% of all agricultural imports from Russia to the EU as of 2023.

For fertilisers from Russia, in 2023, the classes to which duties had been utilized accounted for 25% of imports on this sector, roughly 3.6 million tonnes value €1.28 billion.

Background:

• On the finish of Could, the European Parliament supported the introduction of tariffs for these classes of merchandise from Russia and Belarus. These tariffs are anticipated to successfully cease the import of those items to the EU.
• Tariffs on most agricultural merchandise from Russia and Belarus have been in pressure within the EU since July 2024.

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