On Tuesday, Merkel officially left the role she has held for nearly 16 years. Already the second-longest serving Chancellor in German history, she will still effectively remain at the helm until a new government is formed. And the coalition talks could well continue into December, according to a number of …
Read More »Russia to introduce export duties on metals to protect domestic market from price spikes
The duties will not affect exports to member states of the Eurasian Economic Union, which includes Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. According to the Minister of Economic Development Maxim Reshetnikov, an export duty is determined by an increase of prices for metals globally, and in Russia as well. “Over …
Read More »Russia to introduce export duties on green lumber sales to rein in price growth
The export duties on unprocessed timber with a moisture content exceeding 22% come into effect starting July 1, and remain in force until the end of the current year. The measure will reportedly help to limit exports of rough unprocessed wood produce, as well as to hold down the price …
Read More »Trump did not rule out the introduction of duties against Russia and Saudi Arabia
The US does not plan to impose duties of Russia or Saudi Arabia because of the situation in the oil market, but it can happen if States would be “unjust to apply”, said the American leader Donald trump. “Duty is a source of great income for our country. But in …
Read More »The government will not compensate the manufacturers of import duties on auto parts
The government of Dmitry Medvedev will not compensate for automakers import duties on auto parts. About this policy decision of the government, said Deputy Prime Minister Dmitry Kozak at the meeting with the OEMs in the fields of “Formula-1”. We are talking about the refusal of the authorities to compensate …
Read More »What Russia can offer young people, in addition to the duties?
What Russia can give to the younger generation so that it does not tend to go in a normal developed country? It is clear that it is not about all young people, at least young people who are satisfied with cheap fortified “brewski” on the local drink-the court, his dream …
Read More »Russia responded to the increase in U.S. duties on Russian steel and aluminium
Higher rates of import duties on certain goods from the United States will range from 25% to 40%. Russia responded to the increase in U.S. duties on Russian steel and aluminium increase in import duties on some American goods. On Friday, July 6, the press service of the Ministry of …
Read More »Canada will impose retaliatory duties against US
New rate of import duties on some American goods will be 15 and 25%. The Minister of foreign Affairs of Canada Chrystia Freeland said that the country will impose retaliatory duties against the United States of America (USA) from 1 July 2018. “We’re not going for the escalation, but will …
Read More »The Cabinet intends to extend import duties on goods from Russia
The government is going to extend the duties for another year. The Cabinet of Ministers of Ukraine intends to extend until 31 December 2018 inclusive the rates of import duty for the import of goods from Russia, which were introduced in early 2016 in response to the appropriate trading prohibitions …
Read More »The EU can impose duties on steel imports from Ukraine
Duties also affect producers from Russia, Brazil and Iran.The Commission shall make the final decision about entry duties on hot-rolled steel from four countries – Russia, Ukraine, Iran and Brazil – until 6 October. Earlier in this list was Serbia. This country was excluded from the list of countries-suppliers of …
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