Categories: economy

Turkey has announced import duties on Russian products

Despite earlier claims that Turkey has imposed duties on goods from Russia.

Turkey has announced import duties on Russian products. As reported on Monday, March 27, duty on corn and wheat will be 130%, rice 45%, sunflower oil – 36%, sunflower – 13,5%, legumes of 9.7%.

Tariffs from March 15, 2017. In this March 17, the relevant Turkish agencies have not confirmed the introduction of restrictions on the supply of Russian wheat.

The Ministry of agriculture of the Russian Federation stated that fees create certain difficulties in connection with the planned development of new “promising markets”. Deliveries are scheduled to increase in the Asia-Pacific region and in Latin America and Africa. It is reported that over the past three years, Turkey is reducing purchases of Russian goods, which are now subject to tax.

Experts suggest that Turkey has introduced new tariffs to ensure supply of tomatoes to Russia. Russian experts believe that the introduction of fees the losses incurred in Turkey, so the best option is the agreement on duty-free import of agricultural products from Russia.

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