Duty on the import of krill meat into the EAEU was reduced to zero
Frozen Krill
Seafood
Russia
Published Jul 18, 2023
Tridge summary
The Eurasian Economic Commission has eliminated the duty on the import of krill meat in the region, which will benefit factories that use krill meat for canned food and spreads production. This decision aims to boost the competitiveness of seafood products within the Eurasian Economic Union (EEU) and meet the demand for krill meat in deep processing plants. The measure was previously implemented for two years in 2017 and extended for three years in 2020.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The Eurasian Economic Commission has canceled the duty on the import of krill meat to the countries of the region. Due to this, factories that use krill meat for the production of canned food and spreads will be loaded in the region, since there is no own production of this product in the EAEU countries. The Board of the Eurasian Economic Commission (EEC) decided to reduce the customs duty on the import of krill meat to zero for a year. The message of the EEC, which was reviewed by sfera.fm, states that this measure should help increase the competitiveness of seafood products produced in the EAEU. The EEC report states that krill meat is not produced in the EEAS. However, this raw material is in demand at deep processing plants that produce canned shellfish and spreads. By loading the production capacities of these plants, manufacturers will be able to provide quality products to the domestic market without raising prices. In addition, part of the products containing krill meat ...
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