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Russia Increases Import Taxes on Alcohol and Flowers

  • Russia has increased customs duties on imported alcohol and flowers
  • The move is aimed at protecting domestic producers
  • The increase in duties will make imported alcohol and flowers more expensive for consumers
  • The decision has been met with criticism from some businesses and consumers
  • Russia has been increasing protectionist measures in recent years to support its domestic industries.

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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