Government approves ban on grain exports to EAEU till Aug 31 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Government approves ban on grain exports to EAEU till Aug 31

MOSCOW, Mar 11 (PRIME) -- The Russian government has approved a ban on exports of wheat, rye, barley and corn to the countries of the Eurasian Economic Union (EAEU) until August 31, the Economic Development Ministry said in a statement late on Thursday.

and to ban exports of sugar to third countries until August 31,

The EAEU comprises Russia, Belarus, Armenia, Kazakhstan and Kyrgyzstan.

УThe sub-commission on customs, tariff and non-tariff regulationЕ made a decision to ban exports of grains from Russia to the EAEU temporarily,Ф the statement read.

The ban will be in effect for Уwheat, rye, barley and corn until August 31, 2022Ф excluding supplies under the export licenses issued by the Industry and Trade Ministry.

According to the Agriculture Ministry, RussiaТs grain consumption is covered by 150%. The ban should prevent crossflows of agricultural products taking into account that the EAEU countries have already done the necessary amount of duty-free procurements this year, the Economic Development Ministry said.

The sub-commission also supported a decision to ban exports of sugar and raw cane sugar to third countries outside the EAEU until August 31. Exports to the union states will be allowed under special permits of the Agriculture Ministry.

End

11.03.2022 10:24
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 61.2171 +0.2139 29 jul
USD 60.2031 -0.0167 29 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 2189.16 -0.32 18:51 28 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 196.24 -0.13 18:36 28 jul
lkoh 3847.50 0.00 18:53 28 jul
rosn 348.70 0.00 18:49 28 jul
sber 131.69 -0.61 18:36 28 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 61.1000 +0.5550 14:59 28 jul
USDTD 60.8350 +0.9200 17:44 28 jul