Russian Federation: Changes in accepted currency for export taxes paid on certain grains and sunflower oil and meal

Announcement

01 Jul 2022

On 1 July 2022, the Ministry of Economic Development of the Russian Federation announced that it will abandon US dollar in favour of the Russian ruble for export taxes paid on certain grain and sunflower oil and meal exports.

Source

Number of interventions

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

06 Jul 2022

Revocation date:

No revocation date

Trade payment measure In force

On 1 July 2022, the government of the Russian Federation published Decree No. 1179 announcing that starting 1 July 2022, all export tax payments under the damper mechanism must be paid in Russian rubl...

Implementation date

01 Jul 2022

Revocation date:

31 Aug 2023

Trade payment measure

On 1 July 2022, the government of the Russian Federation published Decree No. 1179 announcing that starting 1 July 2022, all export tax payments for sunflower oil and sunflower meal exports must be pa...