EU agrees 'prohibitive' tariffs on Russia, Belarus grain imports

Farmers harvest wheat in the settlement of Nedvigovka in the southern Russian Rostov region. © AFP - STRINGER

European Union states on Thursday agreed to hike tariffs on grain imports from Russia and Belarus in a bid to cut off revenues to Moscow for its war on Ukraine.

The European Union has hit Russia with multiple rounds of sanctions to inflict damage on Russia's war chest following its all-out invasion of Ukraine in 2022.