You searched for "Legislation" (4 results found)

Meat price may go up by 10% due to the additional charge of VAT on animal feed

  • 4 Jul 08:56

Meat  price may go up by 10% due to the additional charge of VAT on animal feed Meat will be more expensive if importers of feed additives have added VAT for the last three years. The Ministry of Finance and the Ministry of Agriculture differently interpret the legislation on the list of goods taxed at a preferential rate. The cost of beef, pork, and poultry meat in Russia may grow by at least 10% in the case of additional charges to importers of feed additives. The problem with the amount of VAT on imported feed additives appeared due to different interpretations of the government’s decree on the list of goods which are subject to a reduced VAT ate, the press service of the Ministry of Agriculture told. Later, the government adopted. Read more...

Russia will adopt a law on the quality of food products

  • 25 Apr 10:12

Russia will adopt a law on the quality of food products Rospotrebnadzor proposes to introduce a new concept of “quality of food products” and fix it legislatively, reports RIA Novosti. Thus, the Russians will have a law on the principles of healthy eating. The new bill will work in conjunction with the state strategy to improve the quality of food products in the Russian Federation, which is scheduled to be completed until 2030. In particular, the formulation of a quality product is specified. Firstly, it is a safe product for health, secondly, it must become part of a full-fledged diet, thirdly, it must comply. Read more...

Global poultrymeat prices on the rise

  • 25 Mar 11:07

Global poultrymeat prices on the rise Global poultry prices may see an upward swing in 2019, as demand from China grows, and markets that have been in oversupply come into balance. Nan-Dirk Mulder, the author of the latest Rabobank poultry quarterly, says that with African Swine Fever decimating pig populations in China, consumers are seeking out poultrymeat as an alternative. He suggests pork production could be down 10%-20% in the country. Mr Mulder says in the reports that the past few quarters have been marked by major volatility because of a wide range of factors, including trade and disease restrictions and the US-China trade war. Production was particularly high in many markets including the US,. Read more...

Russia: Anxiety over new antibiotic residues law

  • 10 Aug 09:14

Russia: Anxiety over new antibiotic residues law The Russian food industry has sent out alarm signals about new requirements on antibiotic residues in meat and milk production.The new requirements will be in force in all member states of the Eurasian Economic Union (EEU) as from August 14. The EEU consists of Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan. Lab checks for 70 antibiotics in meat TheEurasia Economic Commissionhas adopted a list of 70 antibiotics and other drugs that must be subjected to laboratory control during entry inspections on all meat processing plants in the economic block. Russia’s National Meat Association, the Association for Retail Trade Companies,. Read more...