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Global Trade Alert

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Russia: Government announces export duties under the flexible export tax system (December 2023)

Description

On 27 November 2023, the government of Russia decreased export taxes on goods subject to the "flexible export duty" system from 7% to 5.5%. The decrease concerns the export duty rates for December 202...

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Intervention Details

Intervention Type

Export tax

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Dec 2023

Revocation date

31 Jan 2024

Implementation level

National

Affected flow

Outward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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