Friday, April 4, 2014

Russia faces July deadline to fix $2.2 billion trucking row

Cars and trucks are stuck in a traffic jam during a snowfall in Moscow By Tom Miles GENEVA (Reuters) - Russia is inflicting $2.2 billion of annual costs on crossborder trade by enforcing illegal customs charges and inspections on trucks, the Secretary General of the International Road Transport Union said on Friday. The IRU is a U.N.-backed organization that runs the "TIR" system of customs guarantees, intended to make road haulage cheaper and quicker. Its members - national associations of trucking firms - gave IRU's board a mandate on Friday to withdraw TIR coverage from Russia if Moscow does not fix the problem by July 1. IRU Secretary General Umberto de Pretto told Reuters that he remained hopeful of a solution, saying it was inconceivable that Russia would drop out of a system that has guaranteed speedy border crossings for trucks across Europe since 1954.








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