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Europe Daily Bulletin No. 12998

23 July 2022
Russian invasion of Ukraine / Trade
European Commission proposes temporarily abolishing customs duties on products used to make fertilisers
Brussels, 22/07/2022 (Agence Europe)

The European Commission proposed on 19 July to suspend customs duties on inputs used for the production of nitrogen fertilisers until the end of 2024. The aim of this proposal is to help alleviate the costs of fertiliser producers and farmers in the EU, in the context of the war in Ukraine.

The EU market for certain nitrogen fertiliser inputs is heavily dependent on imports from third countries, with Russia being the second largest supplier.

In 2021, the EU imported 2.9 million tonnes of...

Contents

Russian invasion of Ukraine
EXTERNAL ACTION
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
EU RESPONSE TO COVID-19
NEWS BRIEFS