RUSSIAN GOVERNMENT TO GIVE UP ON EXCISE TAX ON PALM OIL
25
VIEWS
by Aleksey Udovenko
MINISTRY OF AGRICULTURE HAS CHANGED ITS’ ATTITUDE TOWARDS REGULATIONS OF THE USE OF PALM OIL IN FOOD PRODUCTS



Last week Russian President Vladimir Putin was answering the question about the possible introduction of excise tax on palm oil during the annual straight line. He acknowledged that there is a risk that the excise tax will lead to a rise in price of products and mentioned about a mandatory labeling as an alternative.



During the marathon the farmers requested to put cigarette-style health warnings on palm oil products. Mr Putin said that palm oil not so bad. And it is not clear that palm oil is quite as bad as tobacco, he adds.
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