Russia may soon introduce zero import duties on agricultural products and raw materials with the aim of limiting price growth for essential goods on the domestic market. That was mentioned in theRussian Gazette, an official publication of the Russian government. In the publication, the Russian ministry of agriculture appealed to industry associations to prepare proposals for these zero import duties. Introduction of zero import duties The pig industry has been pushing for zero import duties on breeding materials, which is currently subjected to a 5% import duty. Yuri Kovalev, director of the Russian Union of Pork Producers (RUPP), expressed that in a statement. Read more...
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