News

Latvia is the first in the EU to ban imports of agricultural products from Russia and Belarus

Russia
Regulation & Compliances
Published Feb 23, 2024

Tridge summary

The Latvian Saeima has approved amendments to its agriculture and rural development law, effectively banning the import of agricultural products from Russia and Belarus until July 1, 2025. The ban, which could be extended if necessary, also applies to imports from third countries. This move is part of Latvia's strategy to cut economic ties with Russia for security reasons and is in line with the European Union's sanctions policy. The Latvian Cabinet of Ministers will specify the agricultural products and feed that are prohibited from import.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The Latvian Saeima has approved in the final reading amendments to the law on agriculture and rural development that ban imports of agricultural products from Russia and Belarus. According to the amendments developed by several ministries, imports of Russian and Belarusian agricultural and feed products from third countries are also banned. The ban will be in effect until July 1, 2025, but may be extended if necessary. The annotation to the amendments emphasizes that Latvia, as a state bordering Russia, seeks to “sever economic ties with Russia as soon as possible to protect its security” and that “Latvia’s initiative is an additional element of the European Union’s overall sanctions policy.” The Latvian Cabinet of Ministers will approve rules that will list specific agricultural products and feed that are prohibited from being imported into Latvia. According to the Latvian State Revenue Service, last year, imports of grain products from Russia amounted to 423.73 thousand tons, ...
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.