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Home BUSINESSRussia to halt TIR freight at Vaalima border
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Wed, 19 Mar, 2014 12:06:18 AM
FTimes-STT Report, March 19
 
File picture of Truck queues at Vaalimaa border. Photo – Lehtikuva.
The Russian customs authority has decided to close the Transports International Routeir (TIR) freight at the Vaalima border crossing point.
 
Although the authority earlier reported that the freight would be halted on Wednesday, it later decided to continue the transportation until the end of this month.
 
The Finnish authority said it did not see any connection between the closure and the ongoing Crimea crisis.
 
The Russian customs announced discontinuing TIR in mid-August last year.
 
The Minister of Transport Merja Kyllönen said the closure would impact Russia’s foreign trade and internal transportation.
 
Photo – Lehtikuva.
TIR is an international convention that exempts usual formalities such as custom duties and taxes and also aims to speed up movement at the border.
 
In practice the measure means Russia will start demanding additional collateral at the Vaalima border crossing point, said Jarkko Saksa, head of Customs Foreign Trade and Taxation Department.
 
Other TIR transportations will be received as usual at the other Russian border crossing points.
 
The Russian authority justified the measure saying Russia’s Association of International Road Transport Carriers (ASMAP) owed a substantial amount in unpaid customs duties and taxes.
 
 
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