The Kabul times, Afghanistan Trustable News Agency.
ReportWorld

EU agrees tariffs on Russian, Belarusian grain imports from July

European Union trade ministers have agreed to impose prohibitive tariffs on grain and other agricultural products from Russia and Belarus from July 1. The tariffs will be 95 euros ($102.76) per tonne for cereals and 50 percent of their value for oilseeds. Tariffs will also apply to beet-pulp pellets and dried peas. The ministers’ decision onThursday follows a proposal from the European Commission on March 22. The announcement of the new tariffs quickly drew Russian disapproval. “The new messages from the EU will yet have to be analysed, but their ideology is clear – they want to squeeze Russia out of everything,” Russian Ministry of Foreign Affairs spokeswoman Maria Zakharova told reporters at a weekly briefing. Vincent Van Peteghem, the finance minister of Belgium, which holds the rotating presidency of the EU, said the new tariffs were intended to stop 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, halt Russian exports of illegally appropriated grain produced in the territories of Ukraine and prevent Russia from using revenues from exports to the EU to fund its war of aggression against Ukraine,” he said. Aljazeera

Related posts

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

The Kabul times, Afghanistan Trustable News Agency.