Putin: the issue of raising duties on mineral fertilizers is discussed as an option


However, it should be understood that the higher export duties may not lead to the expected results, said Vladimir Putin, speaking at the inter-regional forum of the popular front.

STAVROPOL, 25 Jan –. The issue of raising export duties on mineral fertilizers is discussed as one option, but this may not lead to the expected results, said on Monday the President of Russia Vladimir Putin.

“As for this method, how to raise export duties – Yes, this is also one of the options, he also studied, and the Prime Minister brought up this issue. According to estimates of the Ministry of agriculture and the Ministry of industry, it may not lead to the expected results. That is, prices can still keep quite high, unless they have direct obligations to hold them back – from the producers, and the load on them will increase,” Putin said at an interregional forum of the popular front on Monday.

“But they must understand that if they are not aware of the specifics of today and their responsibility to the country, the economy and agriculture, such a tool in the hands of the state”, — added the head of state.