World meat industry news

 In November 2020 the GOR sub-commission on customs tariff regulation and non-tariff regulation and protective measures in external trade approved a proposal to replace its tariff rate quotas on imported beef with the flat rate import tariff of 27.5 percent. 

 Russia’s proposal is currently pending approval by the Eurasian Economic Commission. If approved, the change will take effect as of January 1, 2022. Access for high-quality beef, which is not subject to quotas, will remain unaffected. Before the market was closed to U.S. beef in 2014, most of U.S. beef exports came in to Russia at the import tariff of 15 percent. In 2020, almost all of Russia’s beef imports came in either duty-free or at a preferential rate of 11.25 percent.