November 6 2008, 17:14

Belarus: zero custom duty for imports of concentrated juices to be imposed since January 1, 2009

In Belarus zero customs duty for imports of concentrated juices will be laid on from January 1, 2009. This decision was confirmed by the decree of the President of Belarus # 598; its text is presented on the National law Internet-portal.

This decision releases management agents from import custom duties payment for imports of concentrated juices, reported representatives of Belarusian State food industry concern. They added that decision concerns juice concentrates from fruits and vegetables which are not grown in the territory of the Republic or are in deficiency. IA “Interfax-Zapad” reported that, according to concern’s forecast, zero import customs duties will lead to competitiveness increase of domestically produced juices.

As Dmitriy Astashenko, the director of the main shareholder “Prujanskiy tinned food factory” public corporation, reported, custom duties form a substantial part in the juice prime cost. He also added that import custom duty for one juice pack totals 0.15 euro. Exempt financial funds will be directed to production development and price decrease of Belarusian juices.