The European Union is preparing to levy tariffs on grain imports from Russia and Belarus to placate farmers and some member states, the Financial Times reported on March 19 citing people familiar with the plans. In the coming days, the European Commission is expected to impose a duty of 95 euros ($103.26) per ton on cereals from Russia and Belarus, the British business newspaper said, adding that tariffs of 50 percent would also be placed on oil seeds and derived products.
Report: EU To Impose Tariffs On Russian Grain Imports
An woman sweeps up grain in a warehouse in the village of Konstantinovo, near the southern Russian city of Stavropol. (filenphoto)