Belarus is imposing additional taxes and restrictions on the import of fruits, vegetables, and other food products from certain countries, effective January 1, 2022. This decision aims to raise prices and limit consumer choice, impacting mainly EU countries like Poland, Spain, the Netherlands, Belgium, and Greece, which could result in a loss of around $300 million in annual exports. Conversely, neighboring countries like Ukraine, Moldova, and Serbia, as well as Central Asian nations, could benefit by improved market access and increased re-export opportunities. The embargo also includes bans on meat, dairy, and confectionery products from these countries.