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Sunflower seeds: Russia introduces 30% export duty

December 10, 2020 2:18 PM, Der AUDITOR
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SOFIA/MOSCOW. It is official now: In the coming days, the Russian government will decide when the increase of the export duty will become effective.

Export duty to rise 4.5-fold

Last Wednesday, the First Deputy Prime Minister of Russia, Andrey Belousov, announced that the increase of the export duty for sunflower seeds to 30% would be implemented shortly. “We have designed certain measures. I think the export duty on some products including sunflower seed will be implemented in the coming days. The aim is to protect the domestic market. The duty will be nearly prohibitive - 30%. It will help to stabilise the situation”,Belousov said. In November, the subcommittee on customs tariff&nbsp

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