Russia: export duties for grains are not prohibitive – A.Dvorkovich

Source

APK-Inform

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The customs duties on grain exports, which are imposed by Russia since February 1, are not prohibitive, declared Arkady Dvorkovich, Vice Prime-Minister of the Russian Federation, on January 23.

According to him, the duties, which become effective since February 1, are neither restrictive nor prohibitive, but it makes effective a part of exports only. It is a natural economic limitation of the exports.

He once again stressed that it is not the issue to impose any embargo on grain exports from Russia.

A.Dvorkovich said that there is no need to completely close the export of grains. The export potential in the agricultural year totals 28 mln tonnes, and to date Russia already exported nearly 22 mln tonnes of grains. It means that the country will continue exporting, added A.Dvorkovich.

The Vice Prime Minister also admitted that at the end of 2014 the Government used administrative regulating measures to stabilize the situation on the domestic market.

Even before February 1, trading companies actually did not have an opportunity to sell all available grain volumes for exports, because the Government imposed some administrative measures to limit such trading. Railway and motor transport still continues realizing export trading of grains, said A.Dvorkovich.

As a result of the reporting state actions, in January the export will total nearly 1 mln tonnes, as it should be, basing on the rate of 28 mln tonnes by the end of the current year.

And after the duty becomes active, the Government will cancel some of the reporting administrative restrictions to use transparent rules for the export administration, concluded the Vice Prime-Minister.

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