IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 05 Sep 2017 | Removal date: 31 Dec 2017

Export tax

With the Resolution No. 1069 dated 5th of September 2017, the Russian Government announced the reduction in the export duties rates on tungsten ores and concentrates exported from Russian Federation to countries outside of the Customs Union. The reduction in the export duties was announced as temporary for the period of three months. 

A significant decrease of the world market prices and in the production volume of tungsten ores and concentrates at Russian enterprises were the reasons for the temporary abolishment of export taxes of tungsten ores and concentrates. 

The reduction of export duties paid by the Russian companies creates a bigger incentive for export, thus negatively affecting foreign companies. 

This state initiative affects jurisdictions that do not belong to the Customs Union: Belarus, Kazakhstan, Armenia and Kyrgyzstan were not affected by the measure. 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

142 Non-ferrous metal ores & concentrates
2611 Tungsten ores and concentrates.
261100 Tungsten ores and concentrates.

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