The EU intends to introduce duties on grain from Russia and Belarus in the amount of €95 per ton

Will bread become more expensive in Europe and will it become cheaper due to unsold prices in Russia and Belarus? The European Union is preparing to introduce duties on the import of grain from Russia and Belarus in the amount of €95 per ton and on oilseeds and their processed products in the amount of 50%. According to the Financial Times (FT), a decision could be made in the coming days, writes NEWS.ru. What restrictions did the EU decide to introduce for Russian grain? According to the Financial Times, the European Commission (EC) intends to introduce duties of €95 per ton on the import of Russian and Belarusian grain. The newspaper's sources expect this to push prices up by at least 50% and "destroy demand." In addition, according to them, duties in the amount of 50% of the cost of goods will also be introduced on oilseeds (peanuts, cashews, soybeans, avocados and many other products) and their processed products. One of the publication’s sources noted that the duty will be ...