30 May 2024, the Council adopted a regulation that aims to levy prohibitive tariffs on grain products imported from Russia and Belarus.
The regulation increases import tariffs for cereals, oilseeds and derived products as well as beet-pulp pellets and dried peas from the Russian Federation, as well as from the Republic of Belarus, for which, at present, importers pay no or low tariffs. In addition, those goods will be barred from access to the Union’s tariff rate quotas.
These measures concern products originating in or exported directly or indirectly from the Russian Federation or the Republic of Belarus to the EU. They will not affect transit through the EU from both countries to other third countries.
Next steps: the regulation will be published in the EU’s Official Journal. The measures will enter into force on 1 July 2024.
For more information, please see here.