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Business leaders call for TIR reinstatement
[ April 25, 2014 // Chris ]The four largest Russian business associations have written to President Vladimir Putin calling for the TIR system to be reinstated across the whole country.
Leaders of the Russian Chamber of Commerce, the Russian Union of Industrialists and Entrepreneurs, Business Russia, and OPORA Russia (Union of Small and Medium-sized Enterprises of Russia) said that the cost of guarantees was being pushed up 64-fold (RUB 2,500 for a TIR Carnet versus RUB 160,000 for a guarantee over a lengthy route). This would in turn increase the cost of imported goods on the domestic market and increase inflation.
Further to the letter, the Russian Presidential Administration requested that Ministries coordinate an official position to respond to the request from the Russian business community.
Vice president of Business Russia, Vitaly Survillo, said: “Foreign trade operators need predictability, but the current situation is unpredictable and much more expensive.”