Posted on March 25, 2024

It is reported that the European Union is preparing to levy tariffs on grain imports from Russia and Belarus. The aim is to placate farmers and some of the member states.

The European Commission is expected to impose an import duty of 95 euros ($103) per ton on cereals from Russia and Belarus, and also import tariffs of 50% would also be placed on oil seeds and derived products.

Farmers across the EU are asking for the re-imposition of customs duties on imports of agricultural products from Ukraine that were waived after Russia’s invasion in 2022.

Farmers from Poland, Hungary and Slovakia, all of which are EU members, say that the cheap imports from Ukraine undercut their prices.

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