All news

New offshore projects to be made export tax-exempt - Putin

Decisions have been made in principle to cancel all export taxes on new off-shore projects,” he said

MOSCOW, April 12 (Itar-Tass) —— New off-shore projects will be made fully exempt from the export tax, Russian Prime Minister Vladimir Putin said at a conference on ways of encouraging the development of the continental shelf. “Decisions have been made in principle to cancel all export taxes on new off-shore projects,” he said.