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PoultryWorld
Russia discusses drastic plan to cut tax on imported chicken
Russia may reduce taxes on poultry meat imports from Brazil to control domestic inflation due to rising food prices.
The tax cut plan was published by Russian news agency RIA last week, citing an industry source. The possible tax cut was first discussed during a meeting between officials from the Russian Ministry of Agriculture and major poultry producers in the country. According to RIA, they have been in a constant dialogue on the topic of rising poultry and egg prices since last year. Chicken and eggs are the most popular animal protein available to Russians. The domestic demand has grown in the past 12 months, while poultry production in Russia has declined this year after some producers were hit by outbreaks of bird flu.