BELARUS NEWS AND ANALYSIS

DATE:

09/12/2010

Russia reaches accord to abolish duty on oil exports to Belarus

MOSCOW, Dec 9 (PRIME-TASS) -- Russia has reached an agreement with Belarus to abolish the duty on oil exports to that country, Economic Development Minister Elvira Nabiullina said Thursday, ITAR-TASS reported.

The countries also agreed that Russia would impose export duties on all oil products exported to Belarus, she said. Currently, a part of Russia's oil products is exported to Belarus duty-free.

The measure is expected to come into effect after Belarus ratifies common market agreements with Russia and Kazakhstan, but no earlier than January 1, 2011, she said.

Belarus has repeatedly criticized Russia's imposition of duties on oil and oil product supplies to Belarus. In March, the Belarusian government filed a lawsuit against Russia over its duties on oil products exported to Belarus.

Source:

http://www.prime-tass.com/news/_Russia_reaches_accord_to_abolish_duty_on_oil_exports_to_Belarus/0/%7B7601ACD8-D71C-4833-97CE-8B81AFDBA69A%7D.uif


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