The European Union has agreed to significantly increase tariffs on grain imports from Russia and Belarus, effective from July 1. This decision, adopted by the EU Council on May 30, aims to levy prohibitive duties on cereals, oilseeds, and derived products from these countries. The regulation is expected to halt imports of these agricultural products, thereby curbing revenues for the Kremlin. The move comes as part of broader efforts to exert economic pressure on Russia and Belarus. The increase in tariffs is likely to contribute to higher food inflation.
European Union trade ministers have agreed to impose prohibitive tariffs on grain and other agricultural products from Russia and Belarus from July 1 ⤵️ https://t.co/mnBTd5ixND
EU approves increase in tariffs on Russian grain imports effective July https://t.co/tp3pP85sYu
In #EU, the Council adopted a regulation aiming to levy prohibitive tariffs on grain products imported from #Russia and #Belarus, which will be increased to a point that will in practice halt imports of these products: https://t.co/FF3fnM1VOI
The EU adopted a regulation that aims to levy prohibitive tariffs on grain products imported from Russia and #Belarus. The regulation increases duties on cereals, oilseeds & derived products from Russia and Belarus to a point that will in practice halt imports of these products.
⚡️Today, the European Council adopted a regulation that aims to levy prohibitive tariffs on grain products imported from Russia and Belarus. The regulation increases duties on cereals, oilseeds and derived products from Russia and Belarus to a point that will in practice halt… https://t.co/dPqXYWbSQe https://t.co/HUna4VuAIP
EU Approves Higher Tariffs on Russian and Belarusian Grain Imports Starting in July https://t.co/e9AOebMXhi
EU Agrees to Hike Tariffs on Russian Grain Imports From July https://t.co/ciLkLwk2Wo
⚡️ The EU Council on May 30 adopted a regulation to significantly increase tariffs on certain agricultural products from Russia and Belarus. https://t.co/UXyYw9HAcx
The European Union agrees to hike tariffs on imports of Russian grain to curb the Kremlin’s revenues https://t.co/qHWGwkmnbK
The European Council adopted a regulation that seems to levy prohibitive tariff on grain products imported from #Russia and #Belarus The regulation increases duties on cereals, oilseeds and derived products from Russia and Belarus to a point that will in practice halt imports of… https://t.co/ubXtOZlUsP
The European Union approved “prohibitive duties” on grain imports from Russia and Belarus – EU Council Food inflation is about to get higher 🤷♀️
EU Ministers Agree To Hike Tariffs On Russia Grain Imports