Russian allowance cut threat?

By Administrator |

For the second time in a year the Russian Federal Customs Service (RFCS) has been quoted as being in favour of a reduction in the duty free value allowance extended to individuals entering the country.

Currently this stands at R.65,000 ($2,261), but RFCS Deputy Director Leonid Lozbenko was quoted in the Rossiiskaya Gazeta newspaper this week as saying that he is in favour of reducing it to between R.15,000 to R.20,000 ($522 to $696). At the same time he is credited with saying that the government is also looking at reducing the weight limit on goods carried by each traveller on entry from 50 kilograms to 25 to 30 kilograms.
Lozbenko said that the reductions were being considered to halt the organised trafficking of goods bought by travellers on behalf of non-travellers and added that was in line with the World Trade Organization?s (WTO) guidelines that allowances should reflect the personal needs of individual travellers only. Russia is planning to join the WTO in 2006.

Middle East

MEADFA Conference 2024 ‘heading to Abu Dhabi on 17-19 November’

This year’s Middle East & Africa Duty Free Association (MEADFA) Conference will take...


DFWC Q1 2024 KPI Monitor indicates rise in duty free impulse purchases

Impulse purchasing within global duty free is on the rise, according to the latest Duty Free...

Asia & Pacific

Avolta details “bold and ambitious” goals to grow its APAC business

With a number of key developments coming to fruition, including its operations at Wuhan Tianhe...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend