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More Recycling Fees Possible

The government is considering a recycling fee on certain types of industrial products, similar to the fee it imposed on the automotive industry, Economic Development Minister Andrei Belousov said, Interfax reported.

"A special financial mechanism for working with scrap is being considered," he said Sunday. "There isn't a final decision, but there might possibly be some sort of similar recycling fee to what has been introduced in the automotive industry."

The government is also mulling a special extra-budgetary fund to hold the cash from this recycling fund, which will be used to finance technologies connected with recycling and processing waste, he said.

"A new law on waste is being drafted," Belousov said. "In all likelihood, it will manage to pass through the government either this year or at the beginning of the next."

(MT)

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