Russia proposes to provide tariff exemption for import of some fruit and vegetable products

Published Nov 29, 2024

Tridge summary

Russia has proposed a tariff exemption to the Eurasian Economic Commission for importing certain fruits and vegetables, such as potatoes, onions, apples, cabbage, and carrots, from January 1 to July 31, 2025. This measure aims to curb consumer price increases and prevent shortages in the domestic market, with specific import volume caps for each product. The proposal, driven by inflation concerns due to supply restrictions from May frosts, will be discussed until December 18.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Russia proposes to the Eurasian Economic Commission (EEC) to grant the Russian Federation a tariff exemption from January 1 to July 31, 2025 on the import of potatoes, onions, apples, cabbage and carrots, according to a draft resolution of the commission's council. "The Eurasian Economic Commission received an initiative proposal from the Russian Federation, which provides for the provision of a tariff exemption in the form of an exemption from import customs duties for the following types of fruit and vegetable products imported into the Russian Federation in the period from January 1 to July 31, 2025: potatoes in a volume of no more than 300 thousand tons; onions in a volume of no more than 85 thousand tons; cabbage in a volume of no more than 40 thousand tons; carrots in a volume of no more than 85 thousand tons; apples in a volume of 230 thousand tons," the draft says. It is noted that Russia's proposal is aimed at containing the growth of consumer prices for socially ...
Source: Kvedomosti

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