Russia proposed to abolish export duties on corn for popcorn

Popcorn Snack

Maize (Corn)

Russia

Published Apr 13, 2021

Tridge summary

The volume of popcorn production in the Russian Federation is about 30 thousand tons per year. The Ministry of Economic Development proposed to exclude corn for popcorn from goods subject to export duties. The corresponding draft resolution of the Russian government has been published on the federal portal of draft regulatory legal acts.

Original content

The volume of popcorn production in the Russian Federation is about 30 thousand tons per year The Ministry of Economic Development and Trade came up with a proposal to exclude corn for popcorn from goods subject to export duties. The corresponding draft resolution of the Russian government has been published on the federal portal of draft regulatory legal acts. "The draft decree of the government of the Russian Federation in relation to the grains of bursting corn provides [its] exclusion <...> from the action of the measures of customs and tariff regulation of exports, introduced by decrees of the government of the Russian Federation," - said in the explanatory note to the document. The document also states that the consumption of popcorn in Russia is about 13 thousand tons per year, of which up to 3 thousand tons are imported. At the same time, the total volume of popcorn production in Russia is about 30 thousand tons per year. In addition, the document says that the domestic ...

Source: Specagro