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New pork deal for Russia & US

Russia and the United States have signed a new 2009 meat deal increasing import duties on poultry and pork supplies above quotas, the Economic Development Ministry has said.

Under the deal, Russia can increase duty on poultry imports up to 95% of value for supplies above quotas and up to 75% for pork imports. At the same time, Russia's import duties for quoted pork imports have been left unchanged, Maxim Medvedkov head of the ministry's department for trade negotiations said.

"The regime for meat trade in 2010 and subsequent years will be discussed at consultations with Russia's basic meat importing countries next year," said Medvedkov. The US trade mission in Russia welcomed the deal, saying the new agreement would enable US meat exporters to continue supplies to the Russian market.

 

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