Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • fx
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home

    Higher EU tariffs on Russian, Belarusian products

    npsBy nps4 June 2024 No Comments2 Mins Read
    — Filed under: Agriculture Belarus EU News Headline2 Russia Trade
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Higher EU tariffs on Russian, Belarusian products

    Maize – Photo © Rebel – Fotolia

    (BRUSSELS) – The Council of the European Union adopted Thursday a regulation which will significantly increase tariffs on imports into the EU of certain products from Russia and Belarus.

    “By imposing increased tariffs, we are taking decisive action to prevent our agricultural sector from being destabilised by Russian imports, while protecting Ukrainian exports from being mislabelled as Russian,” said Trade Commissioner Valdis Dombrovskis, vowing to maintain the support “for as long as it takes”.

    The measures are designed to suppress imports into the EU of cereals, oilseeds and derived products, as well as beet-pulp pellets and dried peas, while not affecting exports to third countries and preserving global food security. The increased tariffs also apply to Belarus in light of the country’s close political and economic ties to Russia.

    The new tariffs are designed to prevent market destabilisation within the EU and protect the EU farming community, tackle the illegal exports of Ukrainian grain mislabelled as Russian, and cut off revenue streams that could fund Russia’s ongoing war of aggression against Ukraine.

    The regulation comes in response to Russia’s role as a global grain exporter and its use of food exports as a geopolitical tool. The EU stands firmly with Ukraine and its people, and will continue to strongly support Ukraine’s economy, as well as its society, armed forces, and future reconstruction.

    Following the Council’s adoption, the regulation implementing the tariffs will enter into force on 1 July.

    Proposal for a Council Regulation

    Memo

    Add A Comment

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    EU approves EUR 300m for common defence procurement projects

    EU proposes e-declaration for the posting of workers

    EU calls on Apple to end geo-blocking on media services

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    EU artificial intelligence factories set for 2025

    Council agrees reform of EU VAT rules for the digital age

    LATEST EU NEWS

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    EU artificial intelligence factories set for 2025

    13 November 2024
    BRIEFING

    Agenda

    This week, COP29 begins in Azerbaijan; finance ministers discuss the EU's annual budget for 2025; and MEPs hold a plenary session on EU-US relations, EU summits, deforestation and COP 29...

    EUbusiness Week

    This week competitiveness and environment ministers will hold informal meetings…

    Eurozone Economic Calendar

    Key economic calendar events for the week 11 to 16 November 2024

    The Week's Top Stories

    This week competitiveness and environment ministers will hold informal meetings…

    Advertisement

    Subscribe to EUbusiness Week

    Get the latest EU news

    Latest Posts

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Tems
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025
    Design and developed by : Dotsquares

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Lost password?

    Register Now!

    Already registered? Login.

    A password will be e-mailed to you.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok