The Eurasian Economic Commission approved duty-free import of up to 100 thousand tons of cattle meat by the Russian Federation in 2025

Published 2024년 11월 29일

Tridge summary

The Eurasian Economic Commission (EEC) has approved a tariff benefit, allowing Russia to import up to 100 thousand tons of cattle meat duty-free in 2025 for the production of meat products. This decision aims to address the meat raw material deficit in the Eurasian Economic Union, primarily compensated by imports from Latin American countries and India. The tariff exemption is designed to reduce the production costs and curb price growth for finished products, although it is limited to cattle meat intended for industrial processing and not high-quality beef produced domestically. The quota varies by country, with Russia receiving the largest allocation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Council of the Eurasian Economic Commission (EEC) approved duty-free import of up to 100 thousand tons of cattle meat by the Russian Federation in 2025, intended for the production of meat products. This was reported in a press release of the commission. "The Council of the Eurasian Economic Commission decided to provide a tariff benefit in the form of an exemption from import customs duty for certain types of cattle meat (cattle) intended for the production of meat products," the report says. It notes that the volumes of possible import of such goods in 2025 to Armenia will amount to up to 9 thousand tons, to Belarus - up to 7.5 thousand tons, to Kyrgyzstan - up to 2.5 thousand tons, to the Russian Federation - up to 100 thousand tons. "The deficit of the meat raw materials in question in the countries of the union is compensated mainly by import supplies from Latin American countries and India," the report emphasizes. "The customs and tariff regulation measure is aimed at ...
Source: Kvedomosti

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