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Russia, Turkey to talk tariffs

It looks like Ankara’s retaliatory tariffs on Russian wheat will bring the two parties together in another attempt to compromise on sanctions and import taxes.
Russian President Vladimir Putin (L) and his Turkish counterpart Tayyip Erdogan arrive for a news conference following their meeting in Istanbul, Turkey, October 10, 2016. REUTERS/Osman Orsal     TPX IMAGES OF THE DAY      - RTSRP0B

Moscow will soon send a delegation to Turkey to discuss the steep tariffs Ankara recently imposed on certain Russian agricultural products, Russian Deputy Economy Minister Alexei Gruzdev told reporters April 24.

Russian businesses were surprised on March 15 when Turkey began collecting a 130% import tax on Russian products including wheat, corn and sunflower oil. In Russia, the tax is viewed as tantamount to a sanction on its goods.

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