On September 1, Russia to decrease the export duties on major oilseeds

Source

APK-Inform

8933

In accordance with the WTO commitments, Russia continues gradually decreasing the export duties on major oilseeds. Since September 1 of the current year, the Russian Federation to reduce the rates of export duties on the main types of oilseeds supplied outside the Customs Union. Dmitry Medvedev, Prime Minister of the Russian Federation, signed the corresponding Decree of the Government #786 dd. August 4.

Thus, since September 1 the export duties on whole soybeans to reach 0% of the customs value.

The export duties on rapeseed to lower to 6.5%, but not less than 11.4 Euro per 1 MT.

The export duties on sunflower seed to total 9.88%, but not less than 14.81 Euro per 1 MT.

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