The European Commission wants to deal with a serious blow to Russia. Will EU residents also suffer? Threatens a “significant price increase”

The European Commission proposes to hear all agricultural products from Russia. This is to limit the ability of the Russians to wage war in Ukraine. At the same time, the risk of increasing prices was mentioned, which mainly applies to farmers in the EU.

Duties on agricultural products from Russia: The European Commission has accepted the application regarding the imposition of new ones duties on agricultural products from Russia and Belarus and some nitrogen fertilizers from these countries. As proposed, all import Agricultural products from Russia are to be imposed EU duties. So far 15 percent Such products were not covered by elevated tariffs.

Will the prices of fertilizers increase in the EU? As expected by the European Commission, the new duties will reduce Russian revenues from the export of agricultural products, “and thus will affect Russia’s ability to wage war departure against Ukraine. ” If farmers in the EU “noticed A significant increase in fertilizer prices“.

The consent of all countries is not needed: In order for changes to enter into force, he must accept them European Parliament and European Union Council a qualified majority of votes. The new duties must therefore support 15 out of 27 countries EU. This means that the proposal can be adopted despite the potential objection of some countries. It can be lifted, among others, by Hungary, which threatened to block sanctions EU towards Russia.

More: You can read about Viktor Orban’s attitude to EU sanctions in the article.

Source:

Source: Gazeta

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