BEIJING, November 10. The economic development Ministry expects that the export duty on oil will be frozen only for 2016, and in 2017 the industry will be able to return to planned schedule. This was reported to journalists by the Minister of economic development of Russia Alexei Ulyukayev.
“We now believe that this is a temporary solution. In 2017, we return to the schedule of reduction of export duty, which was determined,” he said.
According to him, it would be difficult to do, because it’s too big leap on duty in 2017. “But while we all believe this, and colleagues from the Finance Ministry about it,” he added.
As reported, currently the state Duma is considering a draft of amendments to the Tax code, which proposes to save in 2016 size, the rates of export customs duties on oil at operating in 2015, is 42%. Earlier it was planned to reduce it to 36%.