Russian government imposes 15% fee on exports of wheat as of February 1, 2015

Export duty for Russian wheat will total 15% of its customs value plus 7.5 euro but not less than 35 euro per ton as of February 1, 2015, says a resolution that Prime Minister Dmitry Medvedev signed on Thursday.

“The imposition of this export duty is called upon to stabilize the situation on the domestic market of grain,” the governmental press service said in a report.

First published by TASS.

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