EU Imposes High Tariffs on Russian Grain Imports
EU states agreed to impose prohibitive tariffs on Russian grain imports to cut off revenue for Moscow's war in Ukraine. The tariffs also target Belarus and will take effect from July 1. The measure is aimed at halting Russian exports of illegally appropriated grain from Ukraine and stabilizing the EU’s grain market.
EU states have agreed to impose heavy tariffs on grain imports from Russia, aimed at cutting off revenue to Moscow for its war in Ukraine.
This measure, announced by EU Trade Commissioner Valdis Dombrovskis, also targets Belarus and will take effect from July 1.
The tariffs, set at approximately 90 euros per ton or 50 percent of the product's value, are intended to halt the import of Russian and Belarusian grains, oilseeds, and derived products into the EU.
The transit of these products through the EU to other regions, such as Africa and Asia, remains unaffected to avoid disrupting global food supplies.
Russian agricultural exports to the EU saw significant growth in recent years, with 4.2 million tons worth 1.3 billion euros imported in 2023.
Ukrainian President Volodymyr Zelensky criticized the previous situation where Russian grain had unrestricted access while Ukrainian imports faced limitations.
The new tariffs also aim to halt the destabilization of the EU’s grain market.
This measure, announced by EU Trade Commissioner Valdis Dombrovskis, also targets Belarus and will take effect from July 1.
The tariffs, set at approximately 90 euros per ton or 50 percent of the product's value, are intended to halt the import of Russian and Belarusian grains, oilseeds, and derived products into the EU.
The transit of these products through the EU to other regions, such as Africa and Asia, remains unaffected to avoid disrupting global food supplies.
Russian agricultural exports to the EU saw significant growth in recent years, with 4.2 million tons worth 1.3 billion euros imported in 2023.
Ukrainian President Volodymyr Zelensky criticized the previous situation where Russian grain had unrestricted access while Ukrainian imports faced limitations.
The new tariffs also aim to halt the destabilization of the EU’s grain market.
Translation:
Translated by AI
