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    Import Tariffs Of Tanned Leather After Russia'S Accession To WTO

    2011/12/23 11:51:00 19

    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.

    The import tariffs on fur products will also be the same before the end of 2015.

    Range

    The decline.

    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 import tanning processing fur before 2014.

    tariff

    From 10% now to 7.5%.

    It dropped to 5% before 2015.

    At present, a price of not less than 30 euros.

    RMB

    The import tariff of fur products of 254 yuan is usually 10%, but when it comes to customs, it will become 20% ad valorem tax.

    After joining the WTO, Russia will cut the tariff to 10% in 2015.


    Insiders pointed out that the reduction of import tariffs would reduce the price of imported fur products, which would adversely affect domestic producers.

    Domestic fur producers must find ways to increase labour productivity and quality and compete with imported products.

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