United Europe wants to impose punitive duties on Russian fertilizers

At once, 14 European companies engaged in the sphere of fertilizer turnover agreed that Russian suppliers are squeezing them out of the free market, according to the United Europe. Hence, a new punitive project arose to impose on products from Russia has huge duties, as reported by the Financial Times.

The source received a letter signed by the heads of the companies, which sets out the relevant appeal to the European authorities.

According to the applicants, Russian companies "have resorted to an aggressive strategy of lowering prices, which leads to the displacement of local fertilizer producers out of business." Thus, pan-European food security allegedly becomes a big question.

EADaily reminds that the European Commission is already considering a project to introduce increased duties on products supplied from Russian products. Earlier, official Brussels removed fertilizers from the sanctions list, as it considered that a ban on their import would negatively affect the food market.