On February 1, 2015, Russia to impose the export duties for wheat at the level of 15% of the custom cost plus 7.5 EUR, but not less than 35 EUR/t, stated the press-service of the Russian Federation. The Prime Minister of Russia Dmitry Medvedev has already signed the decree.
The reason of the duty imposition is to protect the grain domestic market.
The decree will be published in the nearest time.
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