Russia has translated into rubles duties on the export of consumers and oil
When calculating the base price for the exported goods, the “arithmetic average of the US dollar against the ruble, established by the Central Bank of the Russian Federation for 5 working days preceding the date of calculating the export customs duty rate for grain crops” will be taken.
The export value of sunflower oil and meal will be published on the website of the Ministry of Agriculture on the last day of the month. The figures for wheat, barley and calculation speed are calculated weekly.
The government also extended until August 31, 2023 the tax on the export of sunflower oil and sunflower meal.
At the request of the department, innovations under the holder of the export of products of the agro-industrial complex, reducing the influence of the fluctuating dollar on the size of the interest rate and ensuring stable prices for the natural resources market.
However, Russian businessmen are more limited to imports. Farmers are reluctant to give their livestock for slaughter due to low purchase prices at meat processing plants. Entrepreneurs blame this on the absence of duties on imported meat, which is 25% cheaper. According to the head of the national meat association, Sergei Yushin, the Ministry of Agriculture can meet the farmers halfway and restore the tax on imported meat when the season starts – by the end of autumn and the beginning of winter.
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