The EU Moves to Impose New Tariffs on Russian, Belarusian Agri Imports

The EU Moves to Impose New Tariffs on Russian, Belarusian Agri Imports

The European Parliament approved sharp tariff hikes on Russian and Belarusian agricultural goods, aiming to curb EU dependence and disrupt war financing

(Dan Tri) - Europe's imposition of taxes on fertilizers and agricultural products from Russia and Belarus is a strategic move to reduce the EU's dependence and limit Russia's financial resources in the current geopolitical conflict.

With the agreement ratified in Strasbourg (France) with 411 votes in favour, 100 against and 78 abstentions, only the formal adoption by the Twenty-Seven will be forthcoming for publication in the Official Journal of the EU and subsequent entry into force.

Parliament approves new tariffs on Russian and Belarussian agricultural good

(Credit: Unsplash) This article is brought to you in association with the European Parliament. MEPs backed increased tariffs on fertilisers and certain Russian and Belarusian agricultural goods on Thursday, seeking to reduce EU dependency on those imports. Plenary has endorsed the Commission proposal to increase by 50% EU tariffs on agricultural products from Russia and Belarus that were not yet subject to extra customs duties. The aim is to red…

European Parliament Slaps New Tariffs on Russian and Belarusian Agricultural Goods – EUROP INFO

European Parliament Implements New Tariffs on Russian and Belarusian Agricultural Imports Amid Heightened Geopolitical Tensions In response to intensifying geopolitical conflicts, the European Parliament has introduced a new set of tariffs targeting agricultural imports from Russia and Belarus. This move forms part of the European Union’s comprehensive approach to exert economic pressure on these countries due to their ongoing military actions i…

The European Parliament approved this Wednesday the imposition of tariffs on growers and other agricultural products from Russia and Belarus. The measure aims to cut more a source of revenue to Kremlin in an effort to reduce the financing of the war in Ukraine, which has been for more than three years.