The import duties on food and nonfood products brought into Transnistria will become lower this month. The decision to this effect taken by the so-called executive of the region will come into force when it is published officially, IPN reports.
According to the Transnistrian press, the import duties on milk products, meat, fish and grains will be halved, while on particular meat and fish products will be reduced even five times.
The decision to decrease the import taxes is aimed at improving the situation on the region’s currency market, which faces a serious shortage, at stimulating competition and at contributing to diminishing prices. The new taxes will be used until July 1, when their efficiency will be analyzed and a new decision will be taken.
Meanwhile, the central bank of Transnistria announced that the demand for foreign currency on April 12 was over US$8 million and this cannot be satisfied because nobody offers foreign currency for sale.
