Russia might lift PGM export duties after joining WTO

摘要

Russia might slash export duties on commercial platinum and palladium to zero four years after joining the World Trade Organization, a document describing the country's obligations upon accession to the WTO, of which Interfax has obtained a copy, indicates.Exports of platinum and palladium, which are commonly used in automotive catalysts and the jewelry industry, are currently subject to a duty of 6.5%. This duty could be maintained until Russia joins the WTO.