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EU suspends duties on fertilizers to ease impact of Hormuz crisis on farmers
BRUSSELS: The EU will temporarily lift customs duties on key nitrogen-based fertilizers such as urea and ammonia for one year to mitigate the knock-on effects of the Iran war, the Council of the EU said on Friday. Global fertilizer prices have jumped following the near total closure of the Strait of Hormuz, a narrow shipping route along Iran’s coast through which around one-third of global fertilizer trade passes.
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tagesschau.de
Düngemittel-Knappheit wegen Iran-Krieg: EU will Bauern helfen
Europas Landwirtschaft ächzt unter steigenden Düngerpreisen. Denn auch Düngestoffe werden normalerweise durch die blockierte Straße von Hormus transportiert. Nun will die EU die…
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france24.com
EU vows help for farmers hit by Iran war fertiliser price hikes
The European Union will release emergency funds to help farmers deal with soaring fertiliser costs caused by the Iran war, under plans to support the sector unveiled Tuesday.
