Russian customs authorities have begun imposing additional increased duties on goods produced in “unfriendly countries,” even when those goods were imported through member states of the Eurasian Economic Union (EAEU). Forbes reported this, citing entrepreneurs and lawyers.
The increased rates range from 15% to 50% depending on the product category and will remain in effect through the end of 2027. These rules apply to food products, clothing, perfume, cosmetics, alcohol, and beverages — their list was approved by the government in December 2022 to provide “protection of the domestic market.” At the same time, the publication notes that the gap between the increased and base rates is usually significant.
Previously, such goods were not subject to additional duties because after entering the EAEU they received the status of “union goods.” Now customs authorities are disregarding that status and are instead guided by the country of origin of the product.
Experts interviewed by Forbes warn that this practice could lead to higher prices for some imported goods, while some of them may disappear from the market.