The European Commission proposes to increase the duty on the import of grain and meal from the Russian Federation and Belarus

On Friday, the European Commission presented a proposal to raise to 95 €/t the duty on grain imports into the EU from the Russian Federation and Belarus, in particular wheat and sunflower meal, which will help avoid destabilization of the European market and prevent the Russian Federation from using export revenues to finance the war in Ukraine. "In 2023, the Russian Federation exported 1.3 billion euros worth of such products to the EU, so increased tariffs will deprive the Russian economy of an important source of income," the EC said. The head of the EC, Ursula von der Leyen, said that the increase in customs duties on imports from the Russian Federation will reduce the risks for European farmers. Now the proposal must be considered by the Council of the EU, after which an appropriate decision will be made. Rusagrotrans stated that it will be very difficult for Europe to replace supplies from the Russian Federation of such goods as sunflower meal, pulp or flax. In 2023, the ...