Trade Resources Industry Views Russian Federation Council Approved The Protocol for Russia's Accession to The WTO

Russian Federation Council Approved The Protocol for Russia's Accession to The WTO

On 18 July 2012, the Russian Federation Council approved the protocol for Russia’s accession to the WTO. The country will now become a full WTO member 30 days by 22 August at the latest. After that Russia will reduce export duty on logs subject to quotas to 13% for spruce and 15% for pine. Exports of birch and poplar logs are subject to duty of 7% and 5% respectively. New quotas for spruce and pine will be set each year. Source: euwid-wood-products

Source: http://www.euwid-wood-products.com/news/roundwoodsawnwood/single/Artikel/russia-ratifies-protocol-for-accession-to-wto.html
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Russia ratifies protocol for accession to WTO
Topics: Construction