As part of Russian accession to the World Trade Organisation (WTO), Russia has introduced two tariff quotas which reduce the current Russian export duty of €55 per cubic metre or 80% to 15% for pine logs and to 13% for spruce logs. The annual Russian quotas for the EU are administered by an EU licensing system. EU manufacturing users of logs can ensure that their Russian log exporter counterparts can take advantage of the reduced export tax, and help to reduce the overall cost of the EU finished wood products.
The Import Case Management System (ICMS) system allows importers of goods, to make completely electronic applications for import licences, subject to Department for Business, Innovation & Skills (BIS) Import Licensing Branch import controls. This should reduce the administrative burdens on business, making it easier for them to apply. It should also speed up the time it takes to receive an import licence.