Russia will introduce a duty on the export of unshelled pine nuts

Published 2024년 2월 10일

Tridge summary

Starting August 1, 2024, a new duty of 25% or a minimum of 80 euros per ton will be introduced, escalating to 50% or a minimum of 160 euros per ton from August 1, 2025. The Ministry of Economic Development anticipates this will enhance pine nut processing production domestically, promote the export of high-value goods, and stimulate economic growth in the Siberian and Far Eastern regions. The phased duty increase will also enable businesses to gear up for processing the additional volume of unshelled nuts.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

It is noted that from August 1, 2024 it will be 25%, but not less than 80 euros per 1 ton. And a year later, from August 1, 2025, it will be doubled and set at up to 50%, but not less than 160 euros per 1 ton. The Ministry of Economic Development notes that this measure will promote the growth of pine nut processing production within the country, create conditions for the export of goods with increased added value and contribute to the economic development of the Siberian and Far Eastern regions. “At the same time, a gradual increase in the duty will give enterprises time to prepare new capacities for processing ...
Source: RG

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