Russia doubles tea import duties
Russia has doubled duty on packaged tea imports in a move designed to protect the local tea packaging industry.
May Tea, one of Russias biggest importers and distributors, plans to build a packaging factory in the Moscow region with a capacity of 40,000 tonnes a year making it one of the biggest in the world. The company has previously said it was up to 2.5 times more expensive to pack tea in Russia than it was in Sri Lanka.
Russia imported about 150,000 tonnes of tea last year, mainly from India and Sri Lanka. That places it second in the league table of tea importers – Britain is top with 180,000 tonnes.