Markets

Russia to reduce export tax on soybeans from July 1

  • The new tax will be in place until September 2022, it said.
Published May 28, 2021

MOSCOW: The Russian government has reduced the country's export tax on soybeans to 20% from 30% starting from July 1, TASS news agency reported, citing the government.

The new tax will be in place until September 2022, it said.

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