Russian Prime Minister Victor Zubkov has signed a regulation on fulfillment of an agreement dated October 26 between Russia and the EU about trade in some types of steel products. The Russian Government has determined the following order of assessing of quotas on supplies of steel products to the EU. Quotas on supplies to steel service centers established by juridical persons before January 1, 2007 are the first priory in the quantitative restrictions stipulated by the agreement. In the second stage 95% of quotas stipulated by the agreement are assessed according to shares of Russian enterprises in steel products exports and output in the previous year. The rest 5% are to be assessed after steel products distribution to Russian steel service centers and quotas assessing in the second stage. According to the agreement between Ministry of Economic Development of the Russian Federation and Ministry of Industry and Energy of the Russian Federation the latter is commissioned to work out in 2 weeks time the order of distribution of exports restrictions on steel products and to fulfill the distribution of the quantitative restrictions on steel products exports according to the order. Besides, Ministry of Economic Development of the Russian Federation is commissioned to issue the exports licenses stipulated by the agreement in 10 working days time from the date of the exporter’s documents registration.
On October 26, 2007 The EU and Russian signed a trade agreement on increase of quotas on Russian steels supplies. The agreement was signed during the XX Russia-EU Summit. The quotas were revised due to Bulgaria and Romania accession to the EU. According to the new agreement quotas on supplies of Russian strips and long products increased up to 2,904 mln tons in 2007 and will increase up to 3,031 mln tons in 2008. Quotas for 2006 amounted to 2,4 mln tons. Russia ranks second after China in volume of supplies of steel products to the European market. In the first half of 2007 the EU imported 4,5 mln tons of steel products from Russia, which made up 17,5% of the total exports volume (25,7 mln tons).
Комментарии могут оставлять только зарегистрированные (авторизованные) пользователи сайта.