The Russians began to prepare for a sharp rise in food prices

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Россиян начали готовить к резкому росту цен на еду

The price of bread, meat products, milk and soft drinks can fly in case of approval by the government of the proposals of the Ministry of industry and trade to introduce protective duties on technical equipment needed for lines of production. It is reported by RBC with reference to the representatives of the market.

To impose duties, the Ministry proposes in the framework of proposals for support of domestic manufacturers of special equipment. A letter was sent to professional associations: the Union of manufacturers of soft drinks, Associations and enterprises confectionery industry, the National meat Association, National milk producers and the Russian Union of bakers. Among the popular companies that have confirmed familiarity with the initiatives of the Agency — Coca-Cola, “Narzan”, Mars, Nestle, Mondelez, Miratorg, Cherkizovo, Danone and PepsiCo.
 

Currently in Russia there is zero duty on import of such equipment from abroad. The Ministry proposes to raise it to the level from 3 to 10 percent depending on the type of equipment. Industry representatives strongly opposed the idea of Agency, as the Russian manufacturers of such equipment do not have their counterparts. The share of imported equipment to the industry ranging from 70 to 100 percent.

The main suppliers of equipment for production capacity of Russian companies remain Switzerland, Germany and Italy. The introduction of additional duties on deliveries of foreign equipment will lead to higher prices for goods such as meat, milk, bread, and confectionary products.

On the introduction of fees for the supply of equipment, the Ministry reported in April. The head of Department Denis Manturov said that the Agency proposes to increase import duties to 20 times.

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