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Deputies do not support introduction of customs duties on export of gold ore

The deputies of the Parliament didn’t support the introduction of customs duties on the export of gold ore. The decision was made today at a meeting of the Parliament.

It was suggested that the rates of export customs duties on ore and concentrates of precious metals should be approved by the government at at least 25 percent of the customs value of the goods. Export of raw materials is allowed if the transaction price specified in the foreign trade contract is not less than the market value of precious metals.

The Parliamentary Committee on Economic and Fiscal Policy noted that the bill was returned with the president’s objection and rejected at the session of the Parliament on February 4, 2016. The government also gave negative conclusion.