Novosibirsk residents in Russia ask to reduce duties on rapeseed exports to 6.5% again

Published Sep 10, 2024

Tridge summary

As of September 1, Siberian farmers have lost the reduced export duty on rapeseed, which was previously 6.5% at the Zabaikalsk-Manchuria border post. This reduced rate now only applies to the Irkutsk Region and the Trans-Baikal Territory, with specific export quotas. Krasnoyarsk Krai has proposed maintaining the reduced rate for the entire Siberian Federal District, emphasizing the importance of low duties for agricultural profitability and domestic market stability. Novosibirsk deputies support this proposal. Meanwhile, grain exports from Siberia to Kazakhstan have dropped by 36%, although oilseed exports, including rapeseed, sunflower, and flax seeds, remain robust. Additionally, bad weather has caused preliminary damage exceeding 1 billion rubles to farmers in the Novosibirsk region.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Since September 1, Siberian farmers have lost such a support measure as a reduced export duty on rapeseed. Director of Novosibirsk Food Corporation LLC, deputy of the Legislative Assembly of the Novosibirsk Region Alexander Teplyakov recalled that in 2022, the Russian government introduced a ban on the export of sunflower and rapeseed seeds. For Siberia and the Trans-Baikal Territory, a customs duty of 6.5% was introduced when crossing the Zabaikalsk-Manchuria border post. Since September 1, 2024, this rule has been removed for almost all regions of the district. It is valid only for the Irkutsk Region and the Trans-Baikal Territory, but export quotas have also been introduced for them - 100 thousand and 50 thousand tons, respectively. Krasnoyarsk Krai proposed to appeal to the State Duma Speaker Vyacheslav Volodin and Deputy Prime Minister of the Russian Federation Dmitry Patrushev with a request to maintain the rate for agricultural producers in Siberia on rapeseed produced in ...

Source: Infopro54