EU Ready To Tax Russian Fertilisers As Early As July

European farmers say Russian fertilizer is cheaper and easier to get (Credit: AFP)

EU lawmakers are set to greenlight tariffs on fertiliser imports from Russia on Thursday, despite European farmers' fears the move risks sending global prices soaring.

Over a quarter of the 27-nation bloc's imports of nitrogen-based fertilisers come from Russia, with more entering from Moscow ally Belarus -- which the European Commission now seeks to bring to an end.