North Macedonia exempted sunflower oil supplies from customs duty

Published 2022년 4월 13일

Tridge summary

The North Macedonian government has extended its ban on the export of several agricultural products until May 15, including wheat, rye, barley, corn, flour, sunflower seeds, oils, saffron, cotton, and alfalfa. In response to the sanctions crisis, the government has also exempted sunflower oil imports from customs duties to help supply the domestic market and control price increases until May 31, 2022.

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Original content

The government of North Macedonia decided to extend the ban on the export of several types of agricultural products and exempted sunflower oil supplies to the country from customs duties amid the sanctions crisis. The North Macedonian Cabinet at a meeting on Tuesday approved the proposal of the Ministry of Economy and canceled the fee for the import of sunflower oil into the country "to supply the domestic market and curb price growth." "This measure allows the supply of sunflower oil from other countries with which there are no special terms of trade, or where it is not included in the scope of duty-free trade with a customs duty of 29% of the cost. With the abolition of the import duty - customs duty, it is possible to import sunflower oil up to 31 May 2022," the government press service said. The Cabinet of Ministers of North Macedonia also extended the restrictions on the export of certain types of ...

Source: Oilworld