Source Pravda.Ru

Russia May Raise Export Duties on Crude Oil and Oil Products by 13.7%

The customs duty on exports of crude oil and oil products from Russia to countries which are not signatories of the agreement on customs union needs to be increased by 13.7%, from USD 26.2 to 29.8 per tonne. According to the government's press department, this decision was taken on Tuesday at a meeting of the government commission on protective measures for foreign trade and customs policy. The meeting was chaired by Russian Deputy Prime Minister Alexei Kudrin.

The commission also decided to significantly lower import duties on 26 kinds of technological equipment which are not produced in Russia. The reduced duties mainly apply to equipment for the metallurgy, food and medical industries, including reductions on brewing equipment.

According to Alexei Kudrin, the reduced customs duties will enable the Russian economy to develop and will help increase the competitiveness of domestic products, with only a relatively small fall in government revenues.

The government's press department underlined that the commission's decision is only a recommendation, and that it will come into force one month after Russian Prime Minister Mikhail Kasyanov signs the corresponding order.

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations

Blame MH17 on Russia: International investigation turns into demonic circus

On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part

World leaders unite with Russia at St. Petersburg International Economic Forum