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2024 May 30   12:44

EU sets higher tariffs on Russian and Belarusian grain products

The Council today adopted a regulation that aims to levy prohibitive tariffs on grain products imported from Russia and Belarus. The regulation increases duties on cereals, oilseeds and derived products from Russia and Belarus to a point that will in practice halt imports of these products.

The new tariffs set today aim to stop the imports of grain from Russia and Belarus into the EU in practice. These measures will therefore prevent the destabilisation of the EU’s grain market.

The regulation increases import tariffs for cereals, oilseeds and derived products as well as beet-pulp pellets and dried peas from the Russian Federation, as well as from the Republic of Belarus, for which, at present, importers pay no or low tariffs. In addition, those goods will be barred from access to the Union’s tariff rate quotas.

These measures concern products originating in or exported directly or indirectly from the Russian Federation or the Republic of Belarus to the EU. They will not affect transit through the EU from both countries to other third countries.

The regulation will be published in the EU’s Official Journal. The measures will enter into force on 1 July 2024.

While the Russian Federation remains a relatively small supplier of those products to the EU market, it is a leading world-wide producer and exporter of those products.

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