Eggs from Turkey and Iran will be imported to Russia

finance.mail.ru:  The Council of the Eurasian Economic Commission (EEC) has decided to reset duties on imports of chicken eggs to Russia from January 1 to June 30, 2024, according to a statement on the commission's website. The benefit will be extended to the supply of up to 1.2 billion eggs to Russia. Earlier, the government supported the relevant concessions, including the volume of imports of goods and the duration of benefits.

As explained by the Minister of Trade of the EEC Andrey Slepnev, the temporary tariff exemption will allow for the supply of chicken eggs at a price comparable to the cost of production within the country, in particular from Turkey and Iran.

The benefit will be provided subject to confirmation by the authorized body of the intended purpose of the imported goods, the EEC clarified. Slepnev stressed that the measure is of a short-term nature. According to him, it should help to curb the growth of consumer prices for socially important products in winter and spring and prevent shortages.

The Eurasian Economic Commission is a permanent regulatory body of the Eurasian Economic Union (EAEU).

The EEC Council consists of one representative from each member State (Armenia, Belarus, Russia, Kazakhstan and Kyrgyzstan).

The usual import duty on eggs is 15%. The decision to reset them was made against the background of a sharp rise in prices for this product.

In October, chicken eggs in retail rose by 23.9% compared to October 2022, Rosstat reported. On average, prices in the country increased by 15% in November, and by 36.5% since last December, the agency estimated by the beginning of the month.

The Ministry of Agriculture previously reported that egg deliveries from Turkey and Azerbaijan should begin in the near future. Thanks to this measure, egg prices should stabilize within a month, the agency expects.