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28 October 2020 The on-line newspaper devoted to the world of transports 14:33 GMT+1

February 4, 2003

Russia Moves to Bring Ships Home

By Lyuba Pronina
Staff Writer

Crippled by a tax burden greater than 60 percent, ships flying the Russian flag carried only around 5 percent of the cargo that entered and left the country's seaports last year.

To address this discrepancy, the Transportation Ministry has proposed a new registration system meant to stem the loss of virtually ......

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