Russia will introduce an export duty on pine nuts from August 2024

Published 2024년 2월 9일

Tridge summary

The Russian Ministry of Economic Development is set to impose an export duty on unshelled pine nuts starting August 1, 2024. The customs subcommittee has backed the initiative, setting an initial duty of 25% or at least 80 euros per ton. This rate will rise to 50% or a minimum of 160 euros per ton from August 1, 2025. The move aims to promote domestic processing of pine nuts.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Moscow. February 9th. INTERFAX.RU - Russian authorities plan to introduce a duty on the export of unshelled pine nuts from August 1, 2024. The Ministry of Economic Development reports that the customs subcommittee supported the initiative of representatives of the Federation Council to establish a system of customs and tariff regulation of the export of pine nuts. A decision was made on the advisability of introducing an export duty of 25% from August 1, 2024, but not less than 80 euros per ton. “In a year, from August 1, 2025, it is planned to introduce a rate on these products of 50%, but not less than 160 euros per 1 ton,” the message says. The draft government decree is posted on the website regulation.gov.ru. We ...
Source: Interfax

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