"In my opinion, the consumption of products that impact directly. Even by simple logic – the price increases, consumption falls. It always happens," commented Alexander Polixenes, Director of "rivers of Milk".
The entrepreneur also noted that the Russian dairy market there is an acute lack of positive government initiatives for small business: - "Initiatives are good in maintenance of dairy industry, unfortunately, no. I tried to participate in those that were offered – but after the loud words about the support didn't followed. Perhaps some of them were effective – but not for small business," said Polixenes.
Today, palm oil is the preferential mode of taxation – value added tax is 10% instead of the usual 20%.
In the case of an amendment it is planned that the new rate will take effect from 2020.
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Translated by service "Yandex.Translation"