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MOSCOW, November 16 (Itar-Tass) —— Russia will reduce to zero the rates of taxes on imported computers and officeware three years after its accession to the World Trade Organization, the director of the trading negotiations department at the Economic Development Ministry, Maxim Medvedkov, told a news conference at Itar-Tass on Wednesday.
Medvedkov, Russia’s chief negotiator at the WTO accession talks, explained that “the situations involving high-tech products vary a great deal from item to item.”
“There is an agreement on IT products, mostly computers and officeware and everything related with them,” Medvedkov said. “The terms of our accession envisage the zero import tax upon the expiration of a three-year period after WTO accession.”
Medvedkov recalled that the rates of taxes on this group of product have always been pretty lax.