The Cabinet of Ministers has raised a number of customs duties. The prices for a number of confectionery products from hostile countries have increased the most. The corresponding document was published on the official government information portal, and the decree was signed by Mikhail Mishustin.
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The maximum increase in duties (up to 35%) will apply to product types such as jellies, chewing gum, sweets, caramels and dry biscuits.
Commercial duties were also increased on chocolates, wafers and cocoa products (0.73 euros per 1 kg), biscuits and wafers covered in chocolate (0.35 euros per 1 kg), “products containing cocoa in briquettes and plates” (0.6 euros per 1 kg).
The new tariffs will come into effect one week after the date of publication of the resolution. The action will last until December 31, 2024.
Domestic confectionery manufacturers have repeatedly faced rising prices for raw materials and logistics, which has made it difficult to run a confectionery business in the Russian Federation since 2022.
In 2022, a decision was made to increase trade duties on products from hostile countries. In particular, high rates apply to the import of beer and wine.
In May 2024, the authorities announced that the revenue from increased duties on imported wine would be used to develop tourism under the corresponding national project. And in June it became known that relevant departments were discussing raising the base price for wine imports from $1.5 to $2 per litre.
Author:
Ekaterina Alipova
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
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