Sources familiar with the matter revealed that the European Commission is expected to implement a duty of EUR 95 (USD 103.26) per ton on cereals from these countries in the coming days. Additionally, tariffs of 50% will be applied to oil seeds and related products.
This reported action comes amidst
calls from farmers across the EU for revisions to the constraints imposed on them by the bloc’s Green Deal initiative aimed at addressing climate change.
They also seek the
reinstatement of customs duties on agricultural imports from Ukraine, which were waived following Russia’s invasion in 2022.
Farmers from neighboring EU members Poland, Hungary, and Slovakia argue that such measures undermine their prices. It’s noteworthy that Ukraine, despite being impacted by these developments, is not a member of the EU.
In line with this, Poland has witnessed protests in recent weeks as farmers voice their discontent against EU environmental regulations. Polish Prime Minister Donald Tusk has also urged the EU to prohibit
imports of agricultural products from Russia and Belarus.