Russia Will Lower Import Tariffs On Fur Products After Its Accession To WTO
The Russian textile industry has said that after Russia's accession to the WTO, the import tariffs on tanning and processing fur will drop by 1/4 before 2014.
and
Leather and fur
The import tariffs on products will also decrease by the end of 2015.
The industry urged that fur traders in Russia should start preparing for the reduction of import duties.
It is understood that after Russia becomes a member of the WTO, it will reduce the import tariff of tanning processed fur from 2014 to 7.5% before the end of 10%.
Down to 5% by 2015.
At present, a price of not less than 30 euros (about 254 yuan) of fur products imports
tariff
Usually it's 10%, but when it comes to customs, it will become a 20% ad valorem tax.
After joining the WTO, Russia will reduce the tariff to 10% in 2015.
Insiders pointed out that the reduction of import tariffs would make imports.
Fur products
The price has declined, which has an adverse effect on domestic producers.
Domestic fur producers must find ways to increase labour productivity and quality and compete with imported products.
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