Russia plans new border crossing fee

The Russian Ministry of Transport plans to establish new taxes on border crossings, as  Russian “Kommersant” reports.

Shippers using road or rail to get goods into Russia from another country will have to pay a new fee as of January 1st, 2017.

The fees will be based on the tonnage hauled by trains and trucks, and the exact amount of the fee will be announced later in the year.

The money received from the taxes will be used to modernize the country’s border crossings, which need $4 billion in investments, according to the Russian Ministry of Transport.

Shipping companies say that the additional border taxes will cause a tariff increase, which will, in turn, increase the market for products. This might negatively influence  exports to Russia.

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