“According to the Belarusian Radio Liberty service, it is planned to increase duties on agricultural goods with 0% or low percent up to 50%”, – WRITE: www.radiosvoboda.org
The adoption of new restrictions is expected in the coming weeks. According to Radio Liberty, it is planned to increase duties on agricultural goods from 0% or low percent to 50%.
The list of agricultural products, which will be imposed on duties, includes, in particular, meat and meat by -products, dairy products, grain, fruits, vegetables, oils (olive, sunflower, coconut, sesame, etc.) and fats, other products), coffee , tea, cocoa, sugar and pastry.
Nitrogen fertilizers, in addition to the current duty of 6.5%, will be subject to an additional duty that will gradually increase, starting from 40 or 45 euros per tonne, depending on the type of fertilizer (corresponding to approximately 13%), to a maximum level of 315 -430 euros per tonne. This will be approximately 100%, which must actually stop importing Belarusian and Russian fertilizers to the EU.
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It is expected that a gradual increase in fertilizer duties should be completed in three years, until 2028.
It is also planned that Belarusian and Russian products will be excluded from the EU customs quotas. This will eliminate the possibility of their delivery at lower tariffs.
On January 28, the European Commission approved a proposal to impose duties on a number of agricultural goods from Belarus and Russia, as well as some nitrogen fertilizers. The purpose of the proposal is to reduce dependence on imports from Russia and Belarus.
Restrictions are imposed, in accordance with the proposal of the European Commission, because in 2023 the share of Russian fertilizers in the European Union exceeded 25%, which “poses a threat to the stability of the EU market.”
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“Belarusian exports of agricultural products and fertilizers, although less significant (in total 92 million euros and 29.6 million, respectively), included in the mechanism of sanctions to prevent illegal transit of Russian products through Belarus,” the statement reads.
New restrictions are part of the broader economic pressure policy on Russia and Belarus because of aggression against Ukraine.
The EU plans to replace deliveries by its own production or alternative suppliers. Fertilizers plan to import, in particular, from Algeria and Egypt.
Duties are expected to be imposed four weeks after the decision was released.