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Britain imposes higher duties on goods from the Russian Federation

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We are talking about the products of the chemical industry, polymer and industrial equipment, in particular platinum and palladium.

British authorities imposed increased 35% duties on goods from Russia and Belarus totaling $ 1.72 billion. This was announced on Sunday, May 8, by the British government’s press service.

It is indicated that the total volume of Russian imports and British exports to the Russian Federation, where the new duties will be implemented, will amount to 4 billion pounds sterling, or $ 5 billion. We are talking about chemical products, polymers and industrial equipment, especially platinum and palladium, on which exports to Britain Russia are highly dependent.

“Now export-import sanctions will be applied to goods worth more than £ 4 billion, which will significantly undermine Putin’s military goals. Working with our allies, we can and will interfere with his ambitions. Putin, “the press center quoted the head of the British Treasury as saying. Rishi Sunak.

Thus, according to the agency’s calculations, after the introduction of the next package of sanctions, the restrictions will be applied to 96% of goods imported into Britain from Russia (excluding gold and energy) and 60 % of British exports to Russia.

Recall, on April 25, London announced that they would reduce tariffs on all goods from Ukraine to zero as part of a free trade agreement between the two countries.

The other day, a similar move was announced in Canada.

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Source: korrespondent

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