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Russia to set a 25% duty on pork import

  • 29 Aug 07:20

From January 1, 2020, Russia will replace the tariff quota for pork import with a duty of 25%, FINMARKET.RU reports citing an interview with Director of the Department of Trade Negotiations, Ministry of Economic Development of the Russian Federation, published by Interfax. A flat tariff with a 25 percent duty is introduced in accordance with Russia's obligations to the World Trade Organization (WTO). At present, our country has a zero intra-quota rate and a 65 percent extra-quota rate for pork imports. Meat import quotas for Russia have been established since 2003. Now the quota for pork is 430 thousand tons per year, including 30 thousand tons of trimming,. Read more...