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Home Latest News

Morocco Removes Customs Duty on Russian Grain

byCT Report
18/12/2018
in Latest News
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Moscow : The Russian ambassador to Morocco, Valerian Shuvaev, has confirmed to Sputnik News that Morocco lowered the grain tax to “zero” for Russia.

“Of course, this is good news because Morocco’s grain experts are one of the main Russian exports to Morocco.”

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He added that Morocco’s decision will give Russia “more opportunity to increase the volume of deliveries and, in general, to expand our trade,” he said.

Sputnik reported that Russian Agriculture Minister Dmitry Patrushev said that trade between Russia and Morocco increased in the first half of 2018 to $900 million, or 20 percent that the same period of 2017.

The news outlet added that the main Russian export goods are petroleum products, agro-food products, and coal.

Russia is also Morocco’s primary citrus export destination.

In 2017-2018, the North African country’s exports of mandarin and tangerine totaled 205,091 metric tons to Russia and 166,299 metric tons to the EU.

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