EU Imposes High Tariffs on Russian and Belarusian Grain Imports

New tariffs aim to halt imports, stabilize EU grain market, and cut off revenue streams funding Russia's war in Ukraine.

Tariffs will be 95 euros per tonne for cereals and 50 percent of the value for oilseeds.
The decision follows a proposal from the European Commission in March.
Russian and Belarusian grain imports to the EU have significantly increased since 2020.
The tariffs will not affect the transit of grain through the EU to third countries.
Russian officials have criticized the move, claiming it aims to exclude Russia from the EU market.