Currency converter
^
News Feed
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

No grain protective duties in Russia in nearest 10 years — minister

May 26, 2015, 14:56 UTC+3 MOSCOW
The wheat price level of $278 a ton was "unfair" and formed because of high exchange rate differences, the minister said
1 pages in this article
© ITAR-tASS/Valery Matytsin

MOSCOW, May 26. /TASS/. Grain protective duties will not be used in the nearest ten years, Russian Minister of Agriculture Alexander Tkachev said on Tuesday at a meeting with foreign agribusiness investors.

"Duties took their toll and we canceled them one month in advance. I hope no crises will take place in the nearest ten years, the grain market will be competitive, and we will rely upon the market prices," the minister said.

The wheat price level of 14,000 rubles ($278.0) a ton was "unfair" and formed because of high exchange rate differences, Tkachev said. "No obstacles for the export exist at present," the minister added.

Russia will be able to strengthen its positions as the grain exporter on the account of the domestic output growth, the minister said. "110-120 mln tons is absolutely real," he added.

Show more
In other media
Реклама
Реклама