Russia Imposes Sanctions On Chocolate Imported From The Ukraine

According to a recent report from Confectionery News Russia has imposed new trade sanctions upon the importation of a range of Ukrainian made products including chocolate and other consumer goods.

In what is believed to be a retaliation for the recently introduced Ukrainian emergency import tax on cars Russia has informed the World Trade Organization (WTO) of its intention to boost charges on Ukrainian made chocolate, as well as coal and glass. The increase of import tax on chocolate is expected to be 0.1€ per kilogramme.

Russia is not the first country to take this stance. Turkey has recently registered a similar notice in response to new Ukrainian sanctions, claiming that it would raise taxes on walnuts brought in from that country. Furthermore The European Union as well as Japan and South Korea have also expressed their opposition to the Ukrainian car tax.

Russian officials have confirmed their proposed tax on imported Ukrainian chocolate would materialise as soon as it was adopted by the Customs Union. An organisation that also includes Kazakhstan and Belarus.

Article posted by Spencer Samaroo, Managing Director, Moo-Lolly-Bar. A true chocoholic, he also is chief editor of I Love USA Candy.


Source: Confectionery News