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Russian government council supports waiving wheat export duty — ministry

August 30, 2016, 18:07 UTC+3

The proposal is to reduce the wheat export duty to zero until July 1, 2018

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MOSCOW, August 30. /TASS/. Participants in the meeting chaired by Deputy Prime Minister Arkady Dvorkovich supported the proposal of reducing the wheat export duty to zero, Deputy Minister of Agriculture Dzhambulat Khatuov said on Tuesday. 

"The proposal is to reduce the wheat export duty to zero until July 1, 2018," Khatuov said.

"Slashing wheat export duty to zero was supported at the meeting chaired by Russia’s Deputy Prime Minister Arkady Dvorkovich," the official said.

Press service of the Deputy Prime Minister confirmed information about the meeting. "Proposals on the wheat export duty were discussed; the Prime Minister will decide," press secretary Aliya Samigullina said.

Final decision may be taken in the nearest future, head of the Russian Grain Union Arkady Zlochevsky attending the meeting told TASS.

"The meeting discussed two scenarios: slashing the duty to zero until July 1, 2018 or canceling it. The decision of reducing the rate to zero will most likely be taken. Final decision will be taken in coming days: tomorrow or the day after tomorrow," Zlochevsky said.

All the meeting attendees supported the need of changes, he added.

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