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Dmitry Medvedev made amendments to the Law On Customs Duties concerning duties on the export of oil

December 5, 2008

Changes have been made to the procedures for setting customs duties on the export of crude oil. The period during which crude oil prices on international markets are monitored for the purpose of setting the duties and the time period during which the duties are in effect have also been reduced to one month.

December 5, 2008