Russian government announces extension of rice export ban for another six months

Published 2024년 12월 24일

Tridge summary

The Russian government has extended its rice export ban for another six months until June 30, 2025, in order to ensure a stable supply to the domestic market. The ban, which was initially implemented after an accident at the Fedorovsky hydropower complex in the Krasnodar region in April 2022, does not apply to rice exports to the Eurasian Economic Union member states, South Ossetia, Abkhazia, or when sent abroad as humanitarian aid. Russia's rice production has dropped to 797.6 thousand tons in 2022, marking the first time it has fallen below 1 million tons in recent years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Russian government on December 24 extended the ban on the export of rice and rice products, including seeds, for another six months, until June 30, 2025. According to the Russian government, the extension of the ban is to ensure stable supply to the domestic market. According to the announcement, the ban does not apply to rice exports to the Eurasian Economic Union member states (Armenia, Belarus, Kazakhstan and Kyrgyzstan), South Ossetia and Abkhazia. According to the announcement, rice from Russia can also be sent abroad as humanitarian aid. Russia is famous for its wheat, but it still grows rice, mainly in the southwestern regions of the country, near the borders with Azerbaijan, Georgia and Kazakhstan. In addition, there is a small amount of production in eastern Russia along the borders with China and North Korea. About 73% of Russia's rice production is grown in the Krasnodar region. The Russian government's rice export ban is aimed at protecting the domestic ...
Source: Vietstock

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