Install

Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Metal Duties Extended




Russia has extended a 5 percent export tariff on a range of metals, including precious ones, which was to expire Friday, the head of the Trade Ministry's press service said.


"Prime Minister [Vladimir] Putin signed a resolution extending the tariff indefinitely late Thursday. The resolution took effect immediately," Igor Makurin said.


Normally, a government resolution becomes effective after it is officially published. But a spokeswoman for the government gazette - which did not publish the resolution Friday - said the government was allowed by presidential decree to make some exceptions.