Headlines

EU plans tariffs on Russia, Belarus farm produce, fertilisers

Published by Global Banking & Finance Review

Posted on January 28, 2025

2 min read

· Last updated: January 27, 2026

Add as preferred source on Google
EU proposes new tariffs on Russian and Belarusian agricultural products and fertilisers - Global Banking & Finance Review
The image illustrates the EU's proposal for tariffs on agricultural imports and nitrogen-based fertilisers from Russia and Belarus, highlighting efforts to enhance EU food security amid ongoing geopolitical tensions.
Global Banking & Finance Awards 2026 — Call for Entries

BRUSSELS (Reuters) - The European Commission proposed on Tuesday imposing tariffs on more agricultural products and certain nitrogen-based fertilisers from Russia and its ally Belarus to prevent a

EU Proposes Tariffs on Russian, Belarusian Farm Products

BRUSSELS (Reuters) - The European Commission proposed on Tuesday imposing tariffs on more agricultural products and certain nitrogen-based fertilisers from Russia and its ally Belarus to prevent a potential threat to EU food security.

The EU executive increased tariffs last year on imports of grain from the two countries. It said the new tariffs would apply to the 15% of agricultural imports from Russia in 2023 that had not previously been subject to increased duties.

The tariffs on certain nitrogen-based fertilisers would support domestic production and allow for diversification of supply from elsewhere, the Commission said.

It said in a statement it wanted to hit Russian export revenues and Moscow's ability to wage war against Ukraine and to reduce dependencies on imports from the two countries.

"Such imports, particularly of fertilisers, make the EU vulnerable to potential coercive actions by Russia and thus present a risk to EU food security," the Commission said.

The fertiliser tariff hike would include mitigation measures if EU farmers saw substantial price increases.

It would not affect the transit of Russian agricultural and fertiliser exports to third countries, the Commission said.

The EU had previously avoided imposing sanctions on Russian agricultural products and fertiliser so as not to disturb global supplies, particularly to developing countries.

The Commission's proposal will come into force after expected approval by EU governments and the European Parliament. Last year, the new tariffs took about two months to enter force.

(Reporting by Philip Blenkinsop in Brussels; Editing by Nia Williams)

Key Takeaways

  • EU proposes tariffs on Russian and Belarusian agricultural imports.
  • New tariffs target 15% of Russian agricultural imports.
  • Tariffs aim to reduce dependency and support EU food security.
  • Fertiliser tariffs include measures to mitigate price hikes.
  • Proposal awaits approval from EU governments and Parliament.

Frequently Asked Questions

What is the main topic?
The EU's proposal to impose new tariffs on agricultural imports from Russia and Belarus to protect food security.
Why is the EU imposing these tariffs?
To reduce dependency on Russian imports and support domestic production amid geopolitical tensions.
How will the tariffs affect EU farmers?
Mitigation measures are included to prevent substantial price increases for EU farmers.

Tags

Related Articles

More from Headlines

Explore more articles in the Headlines category