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Russia: Government announces increased export duties for lignite (brown coal) under the flexible export tax system (November 2024)

Description

On 28 October 2024, the government of Russia increased export taxes on lignite (brown coal) under the "flexible export duty" system from 5.5% to 7%. The export duty covers products under HS code 2702 ...

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Intervention Details

Intervention Type

Export tax

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

01 Nov 2024

Revocation date

31 Dec 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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