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European Union - Commission proposes suspension of import duties on cereals for certain tariff quotas

18-Feb-2011
Import duties on certain cereals imported into the EU will be suspended next week until the end of June 2011 in order to ease the pressure on the EU market, especially for animal feed. Backed by Member States this morning within the Management Committee, the move is intended to help maintain a good balance on the EU market. The suspension relates to existing tariff rate quotas for low & medium quality soft wheat and for feed barley, where the preferential tariffs of 12 €/tonne and 16 €/tonne respectively will be reduced to zero for the volumes permitted under the quota.