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Russia may introduce tax on orange imports

According to recent talks, Russia is proposing a 5 percent tax on orange imports. Although the normalization of Turkey-Russia relations, strained after the downing of a Russian aircraft on the Syrian border in November 2015, has started, the issue of lifting sanctions on imports of certain agricultural products from Turkey still remains unresolved.

Deputy Prime Minister Mehmet Şimşek and Economy Minister Nihat Zeybekci visited Russia at the beginning of this week and met with Russian Deputy Prime Minister Arkady Dvorkovich. After returning from Russia, Deputy Prime Minister Şimşek said: "Our negotiations were fruitful. A technical delegation will come from Russia next week. Russian Deputy Prime Minister Dvorkovich will come to Turkey May 6-7 and we will hold final talks."

According to the Russian Izvetsiya newspaper, Eurasian Economic Association (EEA) countries, including Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia, plan to levy a 5-13 percent customs tax on imports of agricultural products, such as grapes, palm, pistachios and Brussels sprout. The draft, currently in progress, will be settled on April 27.

source: dailysabah.com
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