The European Parliament approved protective tariffs on fertilizers and agricultural products from Russia and Belarus

European Parliament deputies in Brussels approved the European Commission's proposal to increase tariffs by 50% on a range of agricultural goods from Russia and Belarus, as well as to introduce tariffs on fertilizers. This was reported by the European Parliament. The draft law was approved in the first reading. It was supported by 411 MEPs, 100 voted against, and 78 abstained. Now the EU Council must vote on it. According to the decision, tariffs on some nitrogen fertilizers will increase gradually over three years - from the current 6.5% to about 100%, which will effectively halt their export to the EU. Additional fees of 40-45 euros per ton will apply during 2025-2026. By 2028, these tariffs will rise to 430 euros per ton. An additional 50% tariff has been imposed on certain categories of agricultural products. The new tariffs will affect products such as sugar, vinegar, flour, and animal feed. The aim of this step is to further reduce the EU's dependence on Russia and Belarus. ...