EU hardens customs duties on Russian and Belarusian agricultural products and fertilizers
A Community regulation recently adopted by the Council gradually introduces, from 1 July, new customs duties over a period of three years, for some Russian and Belarusian agricultural products and fertilizers.
The customs chapters concerned by this new Regulation are: Chapters 1, 2, 4-28, 29, 31, 33, 35, 38, 41, 43, 50, 51, 52 and 53.
In the case of fertilizers, the new customs duties will apply to nitrogen-based fertilizers.
The Union's will is to limit its imports of Russian and Belarusian agricultural products to the maximum extent possible and to reduce Russia's export earnings as much as possible.
A recent study found that the Union is highly dependent on imports of Russian agricultural products, which could rapidly undermine its food security. The new regulation also aims to reduce this dependency significantly over several years.
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