Russia to double export tariffs for Far Eastern softwood species

Russia to double export tariffs for Far Eastern softwood species
By Decree No. 1169 of September 7, 2019, the Government of the Russian Federation doubled (from 6.5% to 13%) the tariffs of export customs duties on unprocessed softwood of Far Eastern species (Yezo spruce, Khingan fir, and Dahurian larch) exported within tariff quotas under licenses issued by the competent authorities. The Decree will enter into force on October 12, 2019.    Moreover, by Decree No. 1124 of August 31, 2019, the Government of Russia added a new requirement to the rules of the allocation of tariff quotas for exports of unprocessed softwood, originally established by Governmental ...

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