Council Regulation (EU) 2024/1652 amends Annex I to Regulation (EEC) No 2658/87 on the tariff and statistical nomenclature and on the Common Customs Tariff. The regulation aims to address the significant increase in Union imports of cereals, oilseeds, derived products, beet-pulp pellets, and dried peas since the Russian Federation’s invasion of Ukraine. The regulation highlights concerns about the potential disruption of the Union’s market due to the Russian Federation’s large existing stocks and illegal appropriation of cereals and oilseeds from occupied territories of Ukraine. It emphasizes the need for appropriate tariff measures to prevent further inflow of these products from the Russian Federation.
Source
