The EU decision on prohibitive duties on grain imports from the Russian Federation and Belarus has entered into force

게시됨 2024년 7월 1일

Tridge 요약

The EU Council has implemented a new policy imposing higher customs duties on grain, oilseeds, and processed products originating from Russia and Belarus, effective from July 1. This move is aimed at limiting the import of these agricultural goods from the two countries. The duties vary across different products, with soft wheat facing an additional 95 euros per ton, hard wheat at 148 euros, and barley and rye at 93 euros per ton. Oilseeds, oils, meal, and beet pulp will attract duties equal to 50% of the customs value. This policy is expected to slightly affect Russian grain exports, but may create challenges for livestock farmers and processors in European countries, especially in terms of the availability and pricing of feed. Despite these challenges, Russian grain market experts anticipate that the impact on Russia will be minimal, with a possible shift in focus towards Asian markets. However, the EU may experience more significant difficulties, given its reliance on Russian agricultural products for its domestic market.

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원본 콘텐츠

Moscow. July 1. INTERFAX.RU - The decision of the EU Council to increase customs duties on the import of Russian and Belarusian grain products into the European Union has come into force. It was adopted at the end of May this year. As reported in the Council's press release, the purpose of the decision coming into force on July 1 is "the introduction of prohibitive duties on grain products imported from Russia and Belarus." Duties are also increasing on oilseeds and processed products. The duty on soft wheat is 95 euros per ton, hard wheat - 148 euros, barley and rye - 93 euros, oilseeds, oils, meal and beet pulp - 50% of the customs value. These products also do not have access to EU tariff quotas. Meanwhile, according to experts on the Russian grain market, the increase in duties will not have a significant impact on Russian grain exports, but may complicate the situation for livestock farmers and processors in a number of European countries. As Eduard Zernin, chairman of the ...

출처: Oilworld