Russian exporters apply to postpone imposition of the export duties on grains until March 1, 2015

Source

APK-Inform

2566

The National Association of Exporters of Agricultural Products (NAESP) applied to the Government of Russia to postpone imposition of the customs duties on grain exports until March 1, 2015. The reporting proposal was sent to Arkady Dvorkovich, Vice Prime Minister of the Russian Federation, on December 22.

According to the NAESP, delaying of the duties imposition will allow to exporters to fulfill all their obligations under the existing contracts, and enable all market participants to prepare for work in the new conditions.

Also, the NAESP noted that imposition of the duties is not contrary to the WTO rules, and such measures would allow providing the further stabilization of the market segment "as soon as possible."

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