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The European Commission supported the blocking of agricultural products and fertilizers from the Russian Federation and Belarus

Published Feb 1, 2025

Tridge summary

The European Commission has announced plans to impose customs tariffs on certain agricultural products and nitrogen fertilizers from Russia and Belarus. This move, supported by Ukraine, Lithuania, and Poland, aims to foster domestic production and bolster the EU's fertilizer industry. The proposal, which needs approval from the European Parliament and the Council of the EU, will result in all agricultural imports from Russia being subjected to European tariffs. The move is seen as a means to mitigate the impact of the energy crisis and encourage diversification of fertilizer supplies from other countries. The tariffs will affect 15% of agricultural imports from Russia.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European Commission has decided to introduce customs tariffs on a number of agricultural products and certain types of nitrogen fertilizers from the Russian Federation and Belarus. This was reported by the VAR. This proposal was included in the Declaration signed by the parliamentary delegations of Ukraine, Lithuania and Poland in Warsaw in June 2024. The European Commission's decision must be agreed by the European Parliament and the Council of the EU, after which all agricultural imports from Russia will be taxed at European tariffs. Thus, the European Union will support the development of domestic production and the fertilizer industry in the EU, which suffered during the energy crisis. This will also allow diversifying supplies from third countries and help ensure a stable supply of fertilizers. The European Commission approved a proposal to introduce duties on a number of agricultural products from Russia and Belarus, as well as on some nitrogen fertilizers. ...
Source: Agropolit
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