Russia may cut or cancel import duty on food from Iran

 

Russia may cut or cancel import duties on agricultural produce, mainly vegetables and fruits, from Iran, Economy Minister Alexei Ulyukayev was quoted as saying by the ministry’s press service Wednesday.

 

Alexei Ulyukayev

 

A decision in principle by global powers to lift sanctions on Iran over its nuclear program has stirred other nations, including Russia, into seeking closer ties with energy-rich Iran.

 

Russia’s economy ministry said Ulyukayev met Iranian Industry Minister Mohammad Reza Nematzadeh on the sidelines of a World Trade Organization conference in Kenya.

 

“We offer serious steps aimed at improving trade conditions for the Iranians, meaning a cut, and even cancellation of customs tariff, mainly for agricultural goods – vegetables and fruits,” the ministry quoted Ulyukayev as saying.

 

It also said trade turnover between the two countries fell 23.6 percent in January-October to just over $1 billion.