Russia to introduce new export tariffs linked to ruble exchange rate on commodities
The Russian government will impose additional tariffs linked to the ruble-dollar exchange rate on exports of metals, iron ore, pig iron, fertilizers, and other commodities during the period from October 1, 2023 to the end of 2024.
The decision is to help protect the domestic market from unreasonable price increases and maintain a reasonable ratio between exports of goods and domestic consumption. Besides, the ...
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