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Kuban tripled rapeseed oil exports to China in 2022. This was announced by the Governor Veniamin Kondratiev.

- In monetary terms, its volume has tripled to 536 million dollars. For three years, we have been relying on rapeseed as a promising export crop, - said the head of the region. - So, in 2022, Kuban farmers set a historical record, having collected more than 285 thousand tons.

It is noted that the area of sowing rapeseed was increased from 82.3 thousand to 87.5 thousand hectares. Otradnensky, Korenovsky, Beloglinsky, Leningradsky, Labinsky and Mostovsky districts are considered leaders in growing crops in the region. Rape, in particular, enriches the soil, due to which winter wheat grows well later.

Currently, the Kuban is one of the five regions in terms of the all-Russian export of agricultural products. The top 5 also includes Moscow, Rostov, Kaliningrad regions and Primorsky Krai.

KP - Kuban

Owners of cars with electric motors will have to pay a recycling fee, the amount of which may be 122,000 rubles. This was reported to Rossiyskaya Gazeta by the press service of the Federal Customs Service (FTS).

"Depending on the date of production of the electric vehicle, the amount of the recycling fee payable is 32,600 rubles - for new electric vehicles, 122,000 rubles - for electric vehicles, from the date of issue of which more than three years have passed," the department noted.

The Customs Service added that the base rate for calculating the size of the recycling fee is 20 thousand rubles.

As explained in the department, the recycling fee is charged in accordance with the clarifications of the Ministry of Industry and Trade of Russia in relation to vehicles with electric motors imported by individuals for personal use, with the exception of vehicles with a hybrid power plant.

When calculating the amount of the recycling fee, the coefficients provided for by the list approved by the government are applied. In particular, a coefficient of 1.63 is applied for new vehicles, 6.1 - for vehicles, from the date of issue of which more than three years have passed.

According to auto expert Igor Morzharetto, such fees, of course, have a negative impact on the used car market. The cost of an electric car with mileage averages up to about 1 million rubles. An additional 120 thousand rubles in this case is quite a significant amount for the car owner, the expert emphasizes. "The utilization fee, to be honest, is only in name. It was once introduced in order to limit the entry of used trucks into the market," he said.

According to the expert, the problem of recycling electric cars will sooner or later make itself felt. Some money will have to be allocated for the disposal of these cars, but for now they go to the budget from fees. “By the way, the tax does not apply to the hybrid. I don’t know why,” Morzharetto is surprised.

For example, in China, both electric vehicles and hybrids are in the same group. Accordingly, buyers receive a variety of benefits from their purchase, the expert points out. And in our country, hybrids generally turned out to be on the sidelines due to some peculiarities of our customs legislation, he adds.

Meanwhile, in Russia, as in other countries, they are stimulating the spread of electric vehicles. In the summer of 2020, the government included electric vehicles in the state program of preferential car loans. Families with children, healthcare workers, and those buying their first regular car can get a 10% discount. For residents of the Far East, the discount is 25%.

In March 2023, owners of electric cars received the right to free travel on toll federal highways. These preferences are introduced as an experiment. It will last until the end of the year and is designed only for personal vehicles.

Russian newspaper

INTERFAX.RU - Saudi Arabia and the UAE have increased purchases of petroleum products in Russia, Russian trade representatives in these countries said during the National Oil and Gas Forum.

Russian trade representative in Saudi Arabia Stanislav Yankovets said that in 2022 Russia significantly increased the supply of petroleum products to the kingdom, mainly diesel and fuel oil. Saudi Arabia, itself a major oil producer, buys oil products from Russia at a discount and exports its oil to world markets, he explained. According to him, Saudi Arabia purchased Russian oil products worth $250 million last year.

Yankovets believes that Saudi Arabia can be used to further export Russian oil products to Africa and other destinations. He also expressed the opinion that in the future there will be opportunities to supply oil products to Saudi Arabia through Iran, as these countries have recently improved diplomatic relations.

Saudi Arabia has a fairly large demand for Russian fertilizers for consumption both domestically and for re-export, Yankovets also said. According to him, the parties are also working to establish direct correspondent relations between banks. However, Saudi credit institutions "are under too much pressure from unfriendly countries," Yankovets added.

In his opinion, it is necessary to create joint transport structures, and there is such interest from the Saudi side. But "we don't feel any interest from our transport companies," the trade representative also said.

Trade between Russia and Saudi Arabia was $2.2 billion in 2021 and $1.6 billion in 2022, Jankovets said, adding that a larger decline was expected.

Andrey Terekhin, Russian trade representative in the UAE, said that trade with the UAE in 2022 amounted to $9 billion, with 25% accounted for by the supply of Russian oil products. The reasons why such a large oil-producing country as the UAE buys Russian oil products, according to the Russian plenipotentiary, "are the same as those of Saudi Arabia." Therefore, there are prospects for the development of such cooperation, Terekhin believes.

He also said that Russia and the UAE are working on mutual recognition of equipment certificates.

/TASS/. Exporting companies of the Komi Republic received support from the Russian Export Center for $235 million in 2022 in the form of services and financial assistance. The local company Coffee Plus was the first in Russia to receive insurance support for the purchase of imported equipment in December last year, Alexei Solodov, vice president of the Russian Export Center, said on Tuesday.

"Komi is a region that has built trade and economic relations with many countries of the world. Despite the fact that deliveries to Western countries played a large role in the structure of exports, in 2022 local companies were able to adapt to changing conditions, thanks in part to the support of the Russian Export center. So, in 2022, 526 services were provided to Komi companies, 164 enterprises received support, including 18 companies who completed training at the export school. The volume of supported exports in the region amounted to $ 235 million, including financial support," Solodov said via video link during a meeting of the Council for Improving the Investment Climate and Export Development in the region in Syktyvkar.

It was the company from Komi that became the first in the country to receive insurance support for the purchase of imported products in December 2022 - this is a new tool that was developed by the Russian Export Center group. It was used by the Coffee Plus enterprise, one of the largest coffee roasters in Russia, Solodov noted.

In addition, Komi is one of the major suppliers of timber industry products to foreign markets, half of which is exported. “Together with the government of the Russian Federation, we are developing measures to support the company, which will help them rebuild traffic flows,” Solodov said.

As Deputy Prime Minister of the region Elmira Akhmeyeva added, the region's economy coped with the challenges in the covid years, "we coped last year, not a single enterprise was closed, people continue to work."

The Swedish manufacturer of vodka Absolut has decided to stop exporting its products to Russia. This was announced on Tuesday, April 18, by the CEO of The Absolut Company Stephanie Durru.

She noted that after the announcement of the return to the Russian market on April 12, a flurry of criticism was received, while the manufacturer cannot condemn employees and partners.

"The reaction of recent days clearly reflects the role that Absolut plays for its large community in Sweden," Dürru said in a post on the company's website.

The Swedish alcohol producer Absolut is a subsidiary of the French Pernod Ricard. The concern also includes the brands Chivas Regal, Jameson, Ballantine`s, Beefeater, Havana Club, Olmeca and Ararat.

On January 26, information appeared that Western alcohol brands could return to the Russian market with the help of parallel imports. It is known that the Beluga Group may start selling Jagermeister liqueurs and Johnnie Walker whiskey. Luding Group has similar plans, as well as a number of other specialized networks. It is noted that both brands are included in the list of alcoholic beverages for which parallel imports are allowed in the Russian Federation.

In early December last year, it was reported that imported drinks began to be imported into the country through parallel channels. The price of most drinks has not changed.

News

The trade turnover between Russia and India last year increased by 2.5 times compared to 2021 and amounted to more than $35 billion, Deputy Prime Minister, head of the Ministry of Industry and Trade of the Russian Federation Denis Manturov told reporters in New Delhi.

"Commodity turnover between our countries increased by more than 2.5 times last year and exceeded $35 billion," he said.

"Basically, of course, this is due to the supply of our energy carriers and mineral fertilizers to India. Indian colleagues are also increasing the volume of supplies of their products," Manturov said.

Work is also underway to create comfortable conditions for mutual settlements in national currencies, the Deputy Prime Minister added.

Russian newspaper

INTERFAX.RU - The Bank of Russia, within the framework of the experimental legal regime (EPR), does not exclude the admission of private companies to the cryptocurrency exchange market for participants in foreign economic activity (FEA), but at the first stage it should be a company with state participation, Deputy Chairman of the Central Bank Alexei Guznov told reporters.

At a meeting with the New People faction on April 17, the head of the Central Bank, Elvira Nabiullina, said that within the framework of the EPR, settlements for participants in foreign economic activity could be allowed not only in cryptocurrency, but also in CFA. At the same time, according to her, it is planned to create authorized organizations for the exchange and sale of cryptocurrency for the needs of foreign economic activity.

"For external settlements (in cryptocurrency - IF), we assume that this is possible in the form of an experiment - this bill is also being prepared, in the form of an experimental legal regime, it is supposed to create special authorized organizations: that is, miners will be able to sell through this authorized organization, subjects of foreign economic activity - use it for calculations, we want to see how it will work," Nabiullina said.

As Guznov clarified to journalists, there is now a discussion with the government about what scope of activity these authorized companies mentioned by Nabiullina will have, how they will be serviced, which banks to work with, how much they can interact with representatives who are engaged in foreign trade activities.

"A little later it will be clear by name. I think that at the first stage it is in any case (companies - IF) with state participation, undoubtedly, but taking into account simply the fact that there is a certain synergy and interaction that is required here, but it is not excluded that that in the future may be private, - said Guznov. - This is an experiment, and the experiment does not imply a multitude, the experiment involves the development of certain hypotheses about what we would like to see. To what extent are exporters and importers who can use cryptocurrency in calculations they will find each other."

At the same time, according to Guznov, he is not sure that it should be a company that is created from scratch: "Any creation is time to build up competence, find people, create technologies, provide an organizational structure, and so on. This time will pass".

At the end of the year, Prime Minister Mikhail Mishustin instructed the Central Bank, the Ministry of Finance, Rosfinmonitoring, the Federal Tax Service and the FSB to develop a mechanism for using cryptocurrency in international settlements.

RIA News. Novgorod companies have signed the first export contracts through the Iranian electronic platform Ecasb, Deputy Director of the Regional Export Support Center Daria Yanveldt reports.

As the press service of the regional government specified, the business entered the world-famous marketplace with the help of specialists from the Novgorod Export Support Center.

Food fiber manufacturer Bioprodmash has signed an agreement to supply its products to Kazakhstan. The first shipment has already taken place. The seals and sealing equipment of the Tekhnologii Kontrolya company were purchased in Algeria. We also placed the products of the Novgorod Battery Company on Ecasb. This electronic platform is popular in many countries, so we look forward to export contracts with this company in the near future," Janveldt said.

She also said that, along with Ecasb, entrepreneurs in the region are trying their hand at such new marketplaces as TurkishExporter, Woodresource, Trendyol, Tradeindia. Also, in the near future, the export center will begin to place the products of Novgorod manufacturers on the Chinese site Pinkoi. The Novgorod Export Support Center provides business services with the assistance of the regional Ministry of Investment within the framework of the national projects "Small and Medium Enterprises", "International Cooperation and Export".

INTERFAX.RU - The Russian Federation is fully provided with sugar of its own production, which can protect the domestic market from fluctuations in world prices, experts say.

According to the industry association Soyuzrossakhar, since the beginning of April, world prices for raw sugar have increased by 9%, to $537 per ton, for white sugar - by 11%, to $702 per ton. Since the beginning of the year, their growth amounted to 26% and 23%, respectively, and reached 11-year highs. "The increase in world prices is associated with the expected reduction in export supplies of sugar from India due to a decrease in forecast values for sugar production in the current season," the report says.

Meanwhile, the Russian Federation is fully provided with sugar of its own production. According to the analytical service of Soyuzrossahar, since the beginning of 2023, 490 thousand tons of white sugar have been produced in the Russian Federation, which is 200 thousand tons more than in the same period last year. Currently, three sugar factories continue to produce sugar from sugar syrup and molasses. In total, in the current season (August-July), sugar production is expected to reach 6.1 million tons, which is 300 thousand tons more than a year earlier.

The export of Russian sugar remains at the level of average monthly two-year values. According to Soyuzrossahar, in total, more than 90 thousand tons of sugar have been exported since the beginning of 2023, which corresponds to the average monthly export rate within the framework of the EAEU indicative sugar balance for 2023. The main importers of Russian sugar are Kazakhstan and Kyrgyzstan.

Commodity stocks of sugar in the Russian Federation at the end of the current season (July 31, 2023) are projected at the level of the previous year.

Soyuzrossakhar also recalled that the Russian Federation has a quota for duty-free import this year of 100 thousand tons of raw sugar, which, if necessary, can be used to produce white sugar.

Prior to the imposition of sanctions, the domestic carrier serviced aircraft in a Hong Kong company.

For the first time in history, Aeroflot airline sent an aircraft from its fleet to Iran for maintenance. According to RBC sources, on April 5, an Airbus A330-300 wide-body airliner with registration number RA-73700 flew to Tehran, where it will be serviced by technicians from the largest Iranian carrier Mahan Air.

The key task of sending the first A330 for repairs is the maintenance of the landing gear of the aircraft. Prior to this, Aeroflot used the capacities of other providers for these purposes, in particular the Hong Kong HAECO.

“Maintenance of the Airbus A330 aircraft [in Iran] will be performed by the provider on a wide range of works. The organization [Mahan Air] has the necessary material base, certificates and vast experience, the provider performs maintenance with a high level of quality,” said an Aeroflot representative. According to him, the competencies of Iranian companies in the field of maintenance and repair of aircraft will complement the capabilities of the Aeroflot group (in addition to the airline of the same name, it includes the Rossiya carrier and the Pobeda low-cost carrier).

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