9/7/2010 5:09:00 PM
Russian Association Opposes Fastener Protective Tariffs
The RosMetiz Association has organized a campaign collecting signatures to petition prime minister Vladimir Putin to “Fasteners, Adhesives, Tool and” magazine reported.
A business newspaper, Industrial News, is supporting the RosMetiz position.
“This campaign is a legal form of expression of public opinion,” RosMetiz coordinator Alexander Semanov told the magazine.
Semanov said a measure offered by the Russian Ministry of Industry & Trade would “provoke unfounded 36% to 40% price increases not only for imported fasteners, but also for fasteners produced in Russia.
Semanov predicted to editor Alexander Ostashov the measure will harm thousands of Russian businesses that are indirect consumers of imported fasteners because there is no domestic production of some of the imported fasteners. Web: rosmetiz.ru ©2010 GlobalFastenerNews.com and Fastener+Fixing of Europe
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