EU hikes tariffs on Russian and Belarusian grain  ...News

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EU hikes tariffs on Russian and Belarusian grain 
Increasing duties on cereals, oilseeds and derived products is aimed at halting imports, according to the European Council  The EU has adopted a regulation to hike import tariffs on Russian and Belarusian grain, according to a statement by the European Council, as the bloc continues to pile sanctions on Moscow and its allies over the Ukraine conflict. The “prohibitive” levies, which will take effect on July 1, will apply to cereals, oilseeds and derived products, as well as beet-pulp pellets and dried peas from both nations, the EU said in a statement on Thursday, stressing that the new regulation hikes the tariff

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