Monday, May 18, 2009

Breaking News-RTRS-Russia sets 10 pct import duty on tropical oils

MOSCOW, May 15 (Reuters) - Russia will set a 10 percent tariff on imports of palm and coconut oil for a period of nine months to protect domestic dairy products producers, the government said on Friday on its Web site, www.government.ru.
The new tariff will become effective one month after an order setting is officially published in the government gazette, it said. Normally a publication takes place within days after the Web site announcement.