Source link : https://london-news.net/eu-legislators-greenlight-tariffs-on-russian-fertilizers-amid-rising-farmer-concerns/
On Thursday, European legislators approved new tariffs on fertilizer imports from Russia, a move intended to reduce financial support for Moscow’s military operations amid ongoing concerns from EU farmers about skyrocketing costs.
Currently, over 25% of the EU’s nitrogen-based fertilizer imports originate from Russia, with additional supplies coming from Belarus, a close ally of Russia. The European Commission aims to decrease this reliance.
In a vote by the European Parliament, 411 members supported the initiative while only 100 opposed it. The tariffs will be implemented in July and will incrementally increase until Russian fertilizers are rendered economically nonviable by 2028.
As the war in Ukraine enters its third year, EU lawmakers, including Inese Vaidere, who championed the legislation, argue that it’s crucial to stop financing “the Russian war machine” and lessen the agricultural sector’s dependence on Russian fertilizers.
The proposal still needs the formal endorsement of EU member states, which have already indicated their backing for it.
However, agricultural organizations cautioned that these tariffs could lead to significant increases in production costs. Copa-Cogeca, a prominent European farmers’ association, noted that Russian fertilizers have been the most cost-effective option due to established logistical networks.
Brussels also perceives the tariffs as a mechanism to reduce indirect exports of Russian gas since natural gas is essential…
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Author : rimmaruslan98@gmail.com
Publish date : 2025-05-25 14:31:00
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