BELARUS NEWS AND ANALYSIS

DATE:

15/02/2010

President signs law on duty-free oil supplies to Belarus

RBC, 15.02.2010, Moscow 11:34:40.Russian President Dmitry Medvedev has signed a federal law on the ratification of a protocol which amends the agreement between Russia and Belarus on the measures regulating trade and economic cooperation in the sphere of oil and oil products exports, the Russian leader's press office reported.

According to the law, crude oil transported from Russia to Belarus for domestic consumption will not be subject to customs duties. Belarusian authorities will determine the amount of supplies on the basis of annual consumption. Any amounts of oil and oil products which exceed the estimate will be subject to customs duties calculated in accordance with the Russian law.

Source:

http://www.rbcnews.com/free/20100215113440.shtml


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