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. Last Updated: 07/27/2016

No Quick Gold Deal

MOSCOW -- Russia is unlikely to lower export tax on gold in the near future, Prime-Tass quoted Andrei Kushnirenko, head of the Trade Ministry's department for tariff policies and trade protection, as saying Monday.

He said falling gold prices in world markets prompted the government commission for trade protection to consider lowering the export tax. However, the Finance Ministry does not expect any change before spring 2000, Prime-Tass reported.