Russia introduced tax on grain shipments to curb overseas sales

09/01/2015,

Russia, the world’s fourth- biggest wheat exported, introduced taxes on wheat export to reduce food prices after the ruble’s collapse made it attractive for farmers to sell grains abroad. The tax, which will run from February to June, will be 15 percent of a shipment’s total value, plus 9.14 USD a metric tonne.

Country: Russian Federation