Austria was against EU tariffs on grain from the Russian Federation and Belarus, Hungary abstained - portal

Published 2024년 5월 31일

Tridge summary

The EU Council has approved the introduction of prohibitive tariffs on grain imports from Russia and Belarus, effective from July 1. However, Austria and Hungary opposed the move, with Austria advocating for broader and stricter import restrictions on other agricultural goods from Russia. The tariffs could reach up to 95 euros per tonne, making the import of these goods economically unprofitable. The European Commission argues that this measure is a attempt to sanction Russia and provide space in the EU market for Ukrainian grain.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Austria opposed the EU's introduction of prohibitive tariffs on grain imports from Russia and Belarus, and Hungary abstained during the vote. This was reported by the Euractiv portal with reference to sources. However, the portal explains, this did not prevent the proposal from being accepted by an overwhelming majority of votes. At the same time, Denmark, Lithuania, Finland, the Czech Republic, Sweden and Estonia supported Latvia, which advocated introducing restrictions on other agricultural goods from Russia. “It is in the EU’s overall interest to ensure that import restrictions are as broad and stringent as possible, in order, in particular, to address the concerns of the EU agricultural community about the risk of market destabilization,” says the text of the document developed by the delegations of these countries and obtained by Euractiv. On May 30, the EU Council approved the introduction of prohibitive tariffs on grain imports from Russia and Belarus from July 1, while ...
Source: Kvedomosti

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.